Tech Company Financing Transactions
Rho Labs Funding Round
Speedinvest, Daedalus Angels and private investors invested in a $2.2 million Seed funding round for Rho Labs. The round was announced on 11/16/2023.
Transaction Overview
Company Name
Announced On
11/16/2023
Transaction Type
Venture Equity
Amount
$2,200,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
MarTech
Mailing Address
20 Wenlock Road
London, England, N1 7GU
UK
London, England, N1 7GU
UK
Phone
Undisclosed
Website
Email Address
Overview
Developer of a decentralized trading platform designed for the derivatives market. The company's platform offers non-custodial on-chain trading of crypto-native and TradFi interest rates through proprietary concentrated liquidity virtual automatic market maker and margin engine, enabling users to trade rates such as staking rewards and perpetual funding rates, free of counterparty risk, and with capital efficiency.
Management Team
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