Pillow Raises $3M in Seed Funding
- Pillow, a Singapore-based DeFi (decentralized finance) startup that helps generate yields on crypto, raised $3M in Seed funding
- The round was led by Elevation Capital with participation from Scott Lewis, JD Kanani & Sandeep Nailwal, Prabhakar Reddy, Aniket Jindal, Ramakant Sharma, Farid Ahsan, Kush & Sambhav, and Mukund Jha
- The company is a community for users worldwide who want to earn market-beating interest rates on their crypto, instead of letting them lie idle
- The platform helps generate downside-protected interest on crypto assets by investing in curated, actively managed DeFi strategies created by the team
- The company is available for download on Google Playstore and Apple App Store, and will provide users with strategies and market-beating rates for popular crypto assets that include $USDC, $USDT, $BTC and $ETH
