# Blueberry Protocol Foundation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blueberry-protocol-foundation

- Industry: Financial Services
- Headquarters: Panama City, Panama
- Website: www.blueberry.garden/
- Total disclosed funding: $2.5M
- Latest round: Series A (Jun 4, 2024)
- Investors on record: 8

## About

Founded in 2022 and based in Panama City, Panama, Blueberry Protocol Foundation operates as a financial technology company that offers a digital platform through which users can borrow and lend cryptocurrencies. Arthur Wiseberg and Slater Heil are the co-founders of the company. In June 2024, Blueberry Protocol Foundation raised USD 2.5 million in Series A funding co-led by Varys Capital and White Star Capital, including SNZ Capital, Aquanow, GateCap Ventures, MonkeVentures, Nayt Technologies, and Alchemix Labs.

Blueberry provides a DeFi platform designed to enhance earnings through advanced strategies. The firm’s platform offers up to 10X leverage on general strategies and up to 50X on selected ones. The company’s risk management system supports high leverage while minimizing lender risk. This is achieved through position NFTs stored in a decentralized custodian contract that controls collateral, borrowing, and deployment strategies. Blueberry also offers clear risk tags and real-time profit and loss tracking, enabling users to manage their positions. The platform integrates with protocols such as Uniswap, Curve, Alchemix, and Convex. This integration ensures access to a diverse range of strategies, including long and short trades, delta-neutral, and AMM/hybrid approaches.

The organization plans to use the June 2024 funding to expand its team and boost its security measures.

## Funding rounds

- Series A, Jun 4, 2024, $2.5M — White Star Capital, SNZ Capital, GateCap Ventures, Varys Capital, Aquanow, MonkeVentures, Nayt Technologies, Alchemix Labs

## Investors

- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Series A
- SNZ Capital (https://capitalatlas.ai/funds/snz-capital) — Series A
- GateCap Ventures (https://capitalatlas.ai/funds/gatecap-ventures) — Series A
- Varys Capital (https://capitalatlas.ai/funds/varys-capital) — Series A
- Aquanow — Series A
- MonkeVentures — Series A
- Nayt Technologies — Series A
- Alchemix Labs — Series A