# Ammalgam

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ammalgam

- Industry: Financial Services
- Total disclosed funding: $2.5M
- Latest round: Seed (Sep 10, 2024)
- Investors on record: 7

## About

Founded in 2022 by Will Fey, Ammalgam is a software company that combines lending and trading into one protocol called a Decentralized Lending Exchange (DLEX). In September 2024, Ammalgam raised USD 2.5 million in seed funding co-led by Faction VC and Framework Ventures, including Blockchain Founders Fund, Dewhales Capital, NGC Ventures, Bodhi Ventures, and Robot Ventures.

The company provides a decentralized finance (DeFi) platform that focuses on lending by introducing capital efficiency. The firm operates through its proprietary protocol, Ammalgam, which streamlines multiple DeFi strategies into one cohesive platform. Ammalgam’s key feature is its focus on optimizing capital efficiency, allowing users to achieve up to 20% increased efficiency without the compounded risks of impermanent loss. The company’s platform integrates lending yields into its ecosystem, providing profitable opportunities for users. DLEX also offers a variety of customizable strategies, such as short or long market making, delta-neutral positions, and options trading.

The organization plans to use the September 2024 funding for growth and expansion.

## Funding rounds

- Seed, Sep 10, 2024, $2.5M — Robot Ventures, NGC Ventures, Blockchain Founders Fund, Framework Ventures, Faction, Bodhi Ventures, Dewhales Capital

## Investors

- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- Blockchain Founders Fund (https://capitalatlas.ai/funds/blockchain-founders-fund) — Seed
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed
- Faction (https://capitalatlas.ai/funds/faction) — Seed
- Bodhi Ventures (https://capitalatlas.ai/funds/bodhi-ventures) — Seed
- Dewhales Capital (https://capitalatlas.ai/funds/dewhales-capital) — Seed