A $4M equity round was led by Polychain Capital with participation from 0x Labs, 1inch, DeFi Alliance, and Quantstamp, as well as other notable investors such as MetaCartel DAO, Robert Leshner and Tarun Chitra from Robot Ventures, FJLabs, and Naval Ravikant. An additional $17M was pledged by liquidity providers for the pool of Clipper, the first decentralized exchange by Shipyard, which launched its Beta today as well. Polychain, Nascent, Three Arrows Capital, Electric Capital, LD Capital, IOSG, and other angels participated in the LP, with another several million reserved for members of the community to join the pool. Clipper recently completed a full integration with DEX aggregators 1inch and 0x.

Shipyard Software builds elegant decentralized exchanges for specific types of trades, traders, and instruments, starting with Clipper - a DEX with the best available prices on retail trades. We empower individuals to trade in free and fair markets built just for them. We believe every person is their own captain and deserves a trusty trading vessel as they explore the vast and exciting world of DeFi. For more information, please visit shipyardsoftware.org.