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Archimedes Secures $4.9M Seed Round

2023-02-02
LOS ANGELES, CA, Archimedes, a new DeFi lending and borrowing marketplace, has secured a seed funding round, led by Hack VC.
Archimedes, an new DeFi lending and borrowing marketplace launching in February 2023, has secured another round of funding.

Most recently, Archimedes concluded a seed funding round, led by Hack VC. The round totaled $4.9M of fundraising from various backers including: Uncorrelated Venture, Psalion, Truffle Ventures, Cogitent Ventures, Haven VC, Palsar and others.

Prior to this raise, Archimedes had a pre-seed funding round, which raised $2.4M.
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