# Azura Research

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/azura-research

- Industry: Software
- Headquarters: US
- Website: www.azura.xyz/
- Total disclosed funding: $6.9M
- Latest round: Seed (Oct 22, 2024)
- Investors on record: 4

## About

Azura Research, Inc., based in the USA, specializes in providing innovative solutions for decentralized finance (DeFi) trading, enhancing user experience through advanced technology and streamlined processes.Founded in 2022 in the United States, Azura Research, Inc. focuses on optimizing decentralized finance trading. The company has conducted one deal, with its most recent funding round occurring on October 22, 2024. In this Seed round, Azura successfully raised USD 6.9 mn, led by Initialized Capital, with additional investments from Alliance, Volt Capital, and Winklevoss Capital. The founder's details are not specified, and there is no indication of previous companies founded or significant pivots in the business strategy.Azura offers a comprehensive suite of services designed to streamline the decentralized finance (DeFi) trading experience through its innovative platform. Core to Azura’s offerings is its omnichain execution engine, which facilitates non-discretionary pathfinding for optimal trade execution, enabling multi-hop token swaps and price impact minimization. The platform's intent-based order submission allows users to engage in sophisticated trading strategies, including limit orders and stop-loss mechanisms, thereby catering to both novice and experienced traders. In addition, Azura provides robust protection against externalities, such as frontrunning, through MEV-resistant execution rails. The unique value proposition is further enhanced by features like real-time asset monitoring and smart contract audits, ensuring users have access to vital market data and can safeguard their investments effectively. Azura serves a diverse clientele, including individual retail users and institutional traders, across major geographical markets including North America, Europe, and select regions in Asia.Azura’s revenue model is primarily derived from transaction fees associated with trading activities conducted on its platform, alongside potential partnerships with payment providers like Moonpay for on and off-ramping of funds. Business transactions occur as users engage with the platform to execute trades, where Azura's intent-based order execution engine processes these trades, sourcing liquidity from third-party decentralized venues such as Uniswap or Curve. Users benefit from Azura’s advanced features, and in turn, the company captures a percentage of the transaction volume as revenue. The platform's non-custodial wallet structure ensures that users retain full control over their assets, while Azura maintains its role as a facilitator of the trading process. Overall, Azura positions itself as a hybrid trading application, combining both wallet functionality and market access, designed to cater to the evolving needs of the DeFi community.In October 2024, Azura Research, Inc. raised USD 6.9 mn in a Seed round led by Initialized Capital, with participation from other investors including Volt Capital, Winklevoss Capital, and Alliance. The company will use the funding to expand operations and enhance its development efforts. Azura is planning to launch new products aimed at improving the trading experience and is exploring expansion into additional markets, particularly targeting regions in Asia and Europe by the end of 2025.

## Funding rounds

- Seed, Oct 22, 2024, $6.9M — Initialized Capital, Winklevoss Capital, Volt Capital, Alliance DAO

## Investors

- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Seed
- Winklevoss Capital (https://capitalatlas.ai/funds/winklevoss-capital) — Seed
- Volt Capital (https://capitalatlas.ai/funds/volt-capital) — Seed
- Alliance DAO — Seed