TLDR:
- Chaos Labs, a blockchain risk management platform, secures a $55 million Series A funding round led by Haun Ventures.
- The round attracted a group of new investors, including Slow Ventures, Spartan Capital, and F-Prime Capital, as well as existing shareholders.
Article Summary:
Chaos Labs, a blockchain risk management platform based in Israel and the US, has raised $55 million in a Series A funding round led by Haun Ventures. The funding round included new investors like Slow Ventures, Spartan Capital, and F-Prime Capital, along with existing shareholders. Founded in 2021, Chaos Labs provides risk solutions for the on-chain financial sector, focusing on enhancing economic security for crypto protocols through real-time simulations, advanced observability tooling, and risk oracles. Previously, the company raised $20 million in a Seed round in February 2023. Since its establishment, Chaos Labs has achieved significant milestones, reporting $860 billion in cumulative trading volume, $25 billion in loans, and $35 million in incentives. Additionally, the company has tripled its customer base over the past year. Omer Goldberg, the founder and CEO of Chaos Labs, emphasizes the need for modern, dynamic data infrastructure in the decentralized finance space.