TLDR:
Chaos Labs, a leader in onchain risk management, secured a $55 million Series A funding round led by Haun Ventures to scale onchain economic security. The investment will support product development and expansion of the risk management platform.
Key Points:
- Chaos Labs secured a $55 million Series A funding round led by Haun Ventures.
- The investment aims to scale onchain economic security and support new product development.
Chaos Labs, a pioneer in onchain risk management, announced a $55 million Series A funding round led by Haun Ventures. The funding round attracted prominent new investors like F-Prime Capital, Slow Ventures, and Spartan Capital, along with existing backers such as Lightspeed Venture Partners and Coinbase Ventures.
The investment will be used to accelerate new product development and scale the risk management platform, which features enhanced observability tools, risk oracles, and real-time parameter recommendations.
The Series A funding round marks the first led by Diogo Mónica, General Partner at Haun Ventures, who expressed excitement about partnering with Chaos Labs to safeguard and grow the industry.
Chaos Labs has experienced rapid growth in the past year, tripling its customer base and securing partnerships with protocols like Aave and GMX. The company’s technology has secured significant trading volume and loans in the cryptocurrency space.
Founder and CEO Omer Goldberg stated that Chaos Labs’ vision is to empower decentralized applications with contextualized data to improve risk management and economic security postures in the blockchain space. The company aims to achieve performance parity with centralized counterparts through modern, dynamic data infrastructure.
Chaos Labs has attracted interest from industry giants like Chainlink and LayerZero for research and development, reinforcing the importance of sophisticated data infrastructure and onchain risk management in the blockchain space.
The company plans to build new products that merge offchain market data with onchain risk parameter adjustments to adapt instantly to market volatility, enabling decentralized finance applications to optimize capital efficiency and protect user funds.
Overall, Chaos Labs continues to set new standards for security and responsiveness in onchain finance, with a focus on advancing the industry’s risk management capabilities to compete with centralized counterparts.
