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Jumbo Raises $3.5M To Deliver Its Decentralized Exchange Ecosystem To The Near Protocol

PRIVATEJan 10, 2023

Amount Raised

$3.5 Million

Round Type

Seed

FintechBlockchainCryptocurrency

Investors

Genblock CapitalProximityFundamental LabsMetaweb VenturesD21 VenturesDweb3Huobi IncubatorPantera

Description

Jumbo, a leading decentralized exchange built on the NEAR Protocol, is proud to announce the successful completion of a $3.5 million fundraising round led by Pantera and Huobi Incubator, with additional funding from DWEB3, D21 Ventures, Metaweb Ventures, Fundamental Labs, Proximity, and Genblock Capital.

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Company Information

Company

Jumbo

About

Jumbo is an AMM-powered decentralized exchange based on the NEAR Protocol that offers a cheap, seamless, and unfettered way for anyone to trade. Since its inception in 2021, Jumbo has recorded more than $19.5 in total value locked (TVL), $745 million in cumulative volume, and has a user base of more than 20,000 unique wallets. More information can be found at https://jumbo.exchange/.

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Jumbo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.