# Demether Protocol

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

- Industry: Semiconductors
- Latest round: Angel (Jul 8, 2024)
- Investors on record: 4

## About

Demether Protocol is a decentralized finance (DeFi) platform aiming to provide a way for blockchains to access their total value locked (TVL) without incurring any costs. In July 2024, Demether raised angel funding co-led by SkyVision Capital, Formless Capital, Gandel Invest, and M Capital.

Demether provides a decentralized finance (DeFi) protocol designed to let blockchains have a cost-effective way to attract and retain total value locked (TVL) at minimal or no cost. The protocol is designed to aggregate and mobilize capital within blockchain ecosystems.

The company plans to utilize the July 2024 funding raised to accelerate product development, attract talent, and build a strong market presence.

## Funding rounds

- Angel, Jul 8, 2024 — M Capital, Gandel Invest, SkyVision Capital, Formless Capital

## Investors

- M Capital (https://capitalatlas.ai/funds/m-capital) — Angel
- Gandel Invest — Angel
- SkyVision Capital (https://capitalatlas.ai/funds/skyvision-capital) — Angel
- Formless Capital (https://capitalatlas.ai/funds/formless-capital) — Angel