Ellipsis Labs raised $21M in a funding round led by Haun Ventures to accelerate the development of its new blockchain project Atlas.

Oct 31, 2024•about 1 year ago

Amount Raised

$21 Million

New YorkLendingFintechFinanceFinancial Services

Investors

ParadigmElectric CapitalHaun Ventures

Description

Ellipsis Labs has secured $21 million in funding led by Haun Ventures to advance the development of Atlas, a verifiable finance blockchain. This funding will help establish Atlas as a foundation for on-chain financial applications aimed at mainstream adoption.

Company Information

Company

Ellipsis Labs

Location

New York, New York, United States

About

Ellipsis Labs is the developer of a decentralized exchange called Phoenix, aiming to create a new financial ecosystem that offers competitive financial products on top of high-throughput blockchains with the merging of DeFi‘s accessibility and transparency, and the efficiency of traditional markets.

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Funding Insights

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