Tech Company Financing Transactions

Ammalgam Funding Round

Ammalgam closed a $2.5 million Seed investment round on 9/10/2024. Investors included Faction, Framework Venture Partners and Blockchain Founders Fund.

Transaction Overview

Company Name
Ammalgam
Announced On
9/10/2024
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors

Faction (Lead Investor) (Will Leas)

Framework Venture Partners (Lead Investor) (Roy Learner)

Blockchain Founders Fund

Bodhi Ventures

private investors (Anton Bukov)

private investors (Jordi Alexander)

private investors (Kain Warwick)

private investors (Spencer Noon)

NGC Ventures

Robot Ventures

Proceeds Purpose
Ammalgam plans to utilize this investment towards the protocol's growth and development by expanding on key talent and improving product development on current and future solutions.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Singapore, Undisclosed
Singapore
Phone
Undisclosed
Website
www.ammalgam.xyz
Email Address
Not Recorded
Overview
About Ammalgam Ammalgam is a completely new primitive that combines lending and trading into one protocol called a Decentralized Lending Exchange (DLEX). This simple combination creates Capital Efficiency resulting in 20% increases in yield for Liquidity Providers (LPs). It offers unbounded utility through unlimited trading strategies, catering to both advanced users and those preferring a UI designed for passive LPs. Lastly, it ensures true autonomy that is permissionless and oracle-free, with zero dependencies.
Profile
Ammalgam LinkedIn Company Profile
Social Media
Ammalgam Company Twitter Account
Company News
Ammalgam News
Facebook
Ammalgam on Facebook
YouTube
Ammalgam on YouTube

Management Team

Title
Name
Email & Social
Founder
Will Fey
  Will Fey LinkedIn Profile  Will Fey Twitter Account  Will Fey News  Will Fey on Facebook

 

 

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