Curvance Raises $3.6M in Seed Funding

Curvance, a remote provider of a DeFi platform, raised $3.6M in Seed funding.

Backers included Offchain Labs, Wormhole, Sandeep Nailwal, and core contributors from Scroll, Mantle, Eigenlayer, GMX, Curve Finance, Convex Finance, Balancer, Aura Finance, and Pendle Finance. 

The company intends to use the funds to expand operations, support security audits and hire talent in the DeFi market.

Co-founded by Chris Carapola and Michael Butcher, Curvance is advancing a DeFi “everything app””” for lending and borrowing. It currently supports Ethereum and Layer 2s such as Arbitrum, Optimism, Scroll, Base and Polygon zkEVM — tapping into liquidity across decentralized exchanges like Curve, Balancer, Velodrome, GMX and Pendle.

FinSMEs

11/12/2023