Chaos Labs News
2 articles
growth-positive
Blockchain risk management platform Chaos Labs raises $55M Series A | CTech
Chaos Labs, an Israeli blockchain risk management platform, has raised $55 million in a Series A funding round led by Haun Ventures. The round also saw participation from new investors F-Prime Capital, Slow Ventures, and Spartan Capital, among others. The company, which was founded in 2021, has raised a total of $70 million to date. Chaos Labs technology has secured $765 billion in cumulative trading volume, $25 billion in loans, and $35 million in incentives. The funds will be used to accelerate the development of its risk management platform.
Investment
growth-positive
Crypto security startup Chaos Labs raises $20 million in Seed funding led by Galaxy and PayPal | CTech
Chaos Labs has raised $20 million in Seed funding for its automated economic security system for crypto protocols. The system provides custom and automated economic security tooling to verify the durability and stability of protocols in any market condition. Chaos Labs has partnered with major DeFi customers, including Aave, Chainlink, Uniswap, BENQI, and Osmosis, to secure and optimize the protocols. The company plans to recruit about 30 more people by the end of the year to meet the high demand for its product. The funding will help Chaos Labs advance financial risk management in the DeFi space.
Investment