Composable Finance: Raises $32M in Series A Funding

April 5, 2022

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Composable Finance: Raises $32M in Series A Funding

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Composable Finance Raises $32M in Series A Funding

Composable Finance, a Berlin, Germany-based DeFi company, raised $32M in Series A funding
The company intends to use the funds to expand the team and build products for the blockchain and Web3 industry
ComposableFinance is a hyper liquidity infrastructure layer for Defi assets powered by Layer 2 Ethereum and Polkado
The fundraise comes after the procurement of two parachains, both on Polkadot (Composable Parachain) and Kusama (Picasso Parachain)
The team includes Rob Zhuang, Head of Operations, Zain Awan, Chief Marketing Officer (CMO), and Karel Kubat, Chief Technical Officer (CTO).