Tech Company Financing Transactions
Ellipsis Labs Funding Round
Paradigm and Electric Capital participated in a $20 million Series A capital raise for Ellipsis Labs. The funding round was announced on 4/4/2024.
Transaction Overview
Company Name
Announced On
4/4/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Paradigm (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its efforts to build its DeFi products.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Building the liquidity backbone of DeFi. High throughput blockchains have enabled the creation of new financial primitives. Ellipsis Labs is building Phoenix, a decentralized limit order book on Solana that is fully on-chain, non-custodial, and crankless.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Eugene Chen
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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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