# Arrakis Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arrakis-finance

- Industry: Financial Services
- Headquarters: Zug, Switzerland
- Website: http://www.arrakis.finance
- Total disclosed funding: $4M
- Latest round: Seed (Dec 20, 2022)
- Investors on record: 4

## About

Based in Switzerland, and founded in 2021 by co-founders Ari Rodriquez and Hilmar Orth, Spacing Guild GmbH trading as Arrakis Finance operates as a decentralized platform that allows the creation and automated execution of sophisticated market-making strategies on Uniswap V3 that previously were only feasible on CEXs. In December 2022, Arrakis Finance raised USD 4 million in seed funding from Accel, Polygon Ventures, Robot Ventures, and Uniswap Labs Ventures. As of December 2022, the company has a team of 8 people.

Spacing Guild GmbH develops a decentralized market-making protocol for liquidity providers and professional market makers and enables the construction of an arbitrary combination of liquidity positions, liquidity provision in different fee-tiered pools, aggregating liquidity sources from DEXs or directly mintable protocols, and ensures that liquidity deposited by arbitrary depositors can be withdrawn anytime only by the depositors themselves, as managers do not have custody of the liquidity deposited.

The company plans to use the seed funding to add additional team members and platform development.

## Funding rounds

- Seed, Dec 20, 2022, $4M — Accel, Robot Ventures, Westbourne River Partners, Uniswap Labs Ventures

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- Westbourne River Partners (https://capitalatlas.ai/funds/westbourne-river-partners) — Seed
- Uniswap Labs Ventures (https://capitalatlas.ai/funds/uniswap-labs-ventures) — Seed