Archimedes raised $4 M in a Seed Round round on 2023-01-31.

ARCH
ARCH
-2.39%
According to media reports, Archimedes raised $4 M in a Seed Round round on 2023-01-31.the investors in this funding round include Hack VC,Cogitent Ventures,Uncorrelated,Psalion VC,Haven Ventures,Truffle Ventures,Palsar and others. Following this round, Archimedes's total funding reached $4 M.
Archimedes Finance is a decentralized lending and borrowing marketplace that allows users to deposit assets and use them as collateral to borrow the protocol's native stablecoin, lvUSD, against them.

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ARCH Fundraising History
RoundAmountValuationTimeInvestor(s)
Key Milestones
  • 2023-02-15
    ARCH is live for trading
  • 2023-02-14
    Archimedes is live on mainnet
  • 2023-02-01
    Archimedes raised $ 4.9 M in Seed round
24-Hour High
$0.002326
24-Hour Volume
$12.61K
All-Time High
$0.2889
All-Time Low
$0.002221
Market Cap / FDV
64%
FDV
$2.61M
24-Hour Low
$0.002271
Market Cap
$2.61M
Circulating Supply
640.02M ARCH
Total Supply
1.15B ARCH
Max Supply
1.00B ARCH
Market Sentiment
Positive
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