Parallel Finance
Fundraising
Parallel Finance
DeFi super DApp protocol
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Parallel Finance Info
Categories:
DeFi, Lending, Polkadot Parachain, Layer3
Ecosystem:
Polkadot, Kusama
Region:
United States
Founded:
2021
Parallel Network is a layer 2 scaling solution built on top of Ethereum, powered by Arbitrum's Nitro stack. Parallel is a full stack L2 with native yield, lending, staking, trading, and more in one place.
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Parallel Finance Fundraising Event
Amount
$5M
Valuation
$500M
Date
Apr 05, 2022
Investors
Section 32
Coinbase Ventures
StarkWare
Strategic
Amount
$5M
Valuation
$250M
Date
Nov 08, 2021
Investors
Sequoia Capital
Founders fund
Shima Capital
Series A
Amount
$22M
Valuation
$150M
Date
Aug 31, 2021
Investors
Polychain*
8 Decimal Capital
Blockchange Ventures
Breyer Capital
Blockchain.com
Alameda Research
Blockchain Capital
Slow Ventures
CMT Digital
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Parallel Finance Investor
Coinbase Ventures
8 Decimal Capital
Section 32
Alameda Research
Blockchain.com
Slow Ventures
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Parallel Finance Team
Yubo Ruan
Founder
Fundraising News
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