Quasar Finance raised $5 M in a new round of funding on 2023-01-10.
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According to media reports, Quasar Finance raised $5 M in a new round of funding on 2023-01-10. the investors in this funding round include Shima Capital,Polychain,Blockchain Capital,Hash CIB,Sunny Aggarwal and others. Following this round, Quasar Finance has raised a total of $11 M, bringing its latest valuation to $70 M.
Quasar is an application-specific capital management blockchain in the Cosmos ecosystem. It runs self-governed, vault-based investment strategies powered by expert and community-driven strategies. Quasar is the gateway to multi-chain DeFi investment opportunities, offering sustainable, sovereign, and ergonomic investment vehicles for investors. It also provides powerful tools and infrastructure to create unique vault-based investment strategies. Expert users can fundraise on an open marketplace and earn revenue based on their vault management.
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QSR Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | $5 M | $70 M | 2023-01-10 | Shima Capital,Polychain,Blockchain Capital,Hash CIB,Sunny Aggarwal |
Key Milestones
- 2023-07-17$QSR was live for trading
- 2023-03-23Quasar Finance was live on mainnet
- 2023-01-11Quasar Finance raised $ 5.4 M in funding round
- 2022-07-28Quasar Finance raised $ 6 M in Seed round
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