Crypto platform Variational raised $10.3M in seed funding co-led by Bain Capital Crypto and Peak XV Partners to enhance its trading infrastructure for customizable crypto derivatives.
Amount Raised
$10.3 Million
Round Type
Seed
George TownSoftwareBlockchainCryptocurrencyInvestors
Description
Crypto trading platform Variational has successfully raised $10.3 million in seed funding, which was co-led by Bain Capital Crypto and Peak XV Partners. Additional investments came from Coinbase Ventures and Dragonfly Capital. The funding will support Variational's focus on peer-to-peer trading services.
Quick answer
Variational raised $10.3 Million in a Seed round, dated October 23, 2024. Investors: Coinbase Ventures, Bain Capital Crypto, Dragonfly Capital and Peak XV Partners. Variational is based in George Town, Grand Cayman, Cayman Islands.
- How much did Variational raise?
- Variational raised $10.3 Million in a Seed round on October 23, 2024.
- Who invested in Variational?
- Coinbase Ventures, Bain Capital Crypto, Dragonfly Capital and Peak XV Partners are named as investors in this round.
- What does Variational do?
- Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives.
- Where is Variational based and how big is it?
- Variational is based in George Town, Grand Cayman, Cayman Islands. Fundz records about 15 employees.
- Who are the decision-makers at Variational?
- Fundz holds 1 contact at Variational. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Blockchain and Cryptocurrency around the same time
Companies in the same sectors as Variational that raised within 45 days of this round, from Fundz verified event records.
- Valantis Labs raised $4M (Seed) on November 27, 2024.
- Initia raised $14M (Series A) on September 25, 2024.
- DeFi Technologies raised $2M (Seed) on December 4, 2024.
- Fiamma raised $4M (Seed) on December 4, 2024.
- GAIB raised $5M (Pre-Seed) on December 3, 2024.
- WadzPay raised $37M on December 2, 2024.
Who to call at Variational, and when
A new round usually means Variational is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Variational raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Variational, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Variational. With Fundz connected, it knows.
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Related People
Variational raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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