# Econia Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/econia-labs

- Industry: Software
- Headquarters: Portland, US
- Website: www.econialabs.com
- Total disclosed funding: $6.5M
- Latest round: Seed (Mar 29, 2023)
- Investors on record: 7

## About

Based in Portland, US, and founded in 2023, Econia Labs operates as a software development company, which is building a back-end protocol to serve as a base layer for decentralized finance (DeFi) projects on Aptos. In March 2023, Econia Labs raised USD 6.5 million in seed funding led by Dragonfly, with participation from Aptos Labs, Faction VC, Flow Traders BV, Hudson River Trading, Lightspeed Venture Partners, and Wintermute Ventures.



The company creates and provides an on-chain order book built on the Aptos blockchain, allowing users all over the world to access a trading infrastructure for Aptos DeFi. The software provides a back-end platform for developers and market makers to pool their liquidity and utilize features such as spot trading and leveraged perpetual futures.



The company intends to use the March 2023 funding to expand its team, support community initiatives such as hackathons and grant programs and help onboard developers.

## Funding rounds

- Seed, Mar 29, 2023, $6.5M — Lightspeed Venture Partners, Flow Traders BV, Hudson River Trading, Dragonfly Digital Management, Aptos Labs, Faction, Wintermute Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Flow Traders BV — Seed
- Hudson River Trading — Seed
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed
- Aptos Labs — Seed
- Faction (https://capitalatlas.ai/funds/faction) — Seed
- Wintermute Ventures (https://capitalatlas.ai/funds/wintermute-ventures) — Seed