Ardana
Latest round
- Seed
Last raised
- Aug 2021
Total raised
- $10M
Investors
- 12
About Ardana
Based in London, UK, and founded in 2021 by Ryan Matovu, Ardana operates as a developer of an online platform that provides an on-chain asset-backed stablecoin protocol and decentralized exchange stable asset liquidity pool. As of October 2021, the company has 25 employees employed. The company offers a stablecoin(dUSD) and decentralized exchange (DEX) called danaswap, which allow users to take loans against Cardano ecosystem tokens such as ADA. ADA token enables holders to use assets as collateral against a cost-effective loan denominated in the dollar-pegged dUSD stablecoin. Dex is a decentralized automated market maker (AMM) exchange for stable multi-asset pools that enables users to trade tokens, earn interest from dUSD deposits, and get payments in Ardana's native DANA token for supplying liquidity.
Who invested in Ardana
12 investors across 1 round
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Funding rounds
Seed
Aug 15, 2021
Amount
$10M
Investors
Questions about Ardana
Who invested in Ardana?
Ardana has 12 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ardana raised?
Ardana has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ardana last raise money?
Ardana's most recent round on record is a Seed, in Aug 2021.
What does Ardana do?
Based in London, UK, and founded in 2021 by Ryan Matovu, Ardana operates as a developer of an online platform that provides an on-chain asset-backed stablecoin protocol and decentralized exchange stable asset liquidity pool.
Where is Ardana headquartered?
Ardana is headquartered in London, UK.
Which VCs invest in companies like Ardana?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Ardana's stage. Their profiles are linked below.
VCs backing software startups at Seed
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