Jet Protocol raised $4 M in a Seed Round round on 2021-06-10.
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According to media reports, Jet Protocol raised $4 M in a Seed Round round on 2021-06-10.the investors in this funding round include Ryze Labs,CMS Holdings,ParaFi Capital,Robot Ventures,DeFiance Capital,Kenetic Capital,mgnr,Stablenode,Alameda Research and others. Following this round, Jet Protocol has raised a total of $11 M, bringing its latest valuation to $32 M.
Jet Protocol is a borrowing and lending protocol built on the Solana blockchain. It focuses on innovative lending products and cross-chain interest rate arbitrage.
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JET Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| Seed Round | $4 M | $32 M | 2021-06-10 | Ryze Labs,CMS Holdings,ParaFi Capital,Robot Ventures,DeFiance Capital,Kenetic Capital,mgnr,Stablenode,Alameda Research |
Key Milestones
- 2024-10-30Jet Protocol was acquired by Concrete
- 2021-11-08Jet Protocol raised $ 6.8 M in Private round
- 2021-06-11Jet Protocol raised $ 4.8 M in Seed round
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