# Float Capital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/float-capital

- Industry: Software
- Headquarters: New York, US
- Website: https://float.capital/?chain=137
- Total disclosed funding: $5M
- Latest round: Seed (Mar 15, 2022)
- Investors on record: 18

## About

Based in New York, US, and founded in 2021, Float Capital Inc. operates as a magic internet asset protocol designed for financial services. In March 2022, Float Capital raised USD 5 million in seed funding from 6th Man Ventures, Alameda Research Ventures, Ascensive Assets, BENQi, Contango Digital Assets, CV VC AG, Daedalus Angel, Encode Club, Fawaz Group, FireEyes DAO, IDEO CoLab Ventures, Maven 11 Capital, MetaCartel Ventures, Morningstar Ventures, Nemo Ventures, Paribu Ventures, Raba Capital and Tendex GmbH. 

Float Capital offers platform that provides asset protocol and minting synthetic assets without over-collateralization, and no liquidations, enabling users in availing financial requirements. It also allows users to get capital efficient exposure to price movements, while the tokenised positions can be used in broader strategies, like collateralising them, locking them into vaults, trading them in pools.

The company plans to use seed funding to become the go-to source for users seeking perpetual, tokenised long and short exposure with leverage.

## Funding rounds

- Seed, Mar 15, 2022, $5M — Raba, IDEO CoLab Ventures, Maven11 Capital, CV VC, Ascensive Asset Management, MetaCartel Ventures, Nemo Ventures, Alameda Research Ventures, BENQi, Morningstar Ventures, 6th Man Ventures, Contango Digital Assets, FireEyes DAO, Paribu Ventures, Encode Club, Tendex GmbH, Fawaz Group, Daedalus

## Investors

- Raba (https://capitalatlas.ai/funds/raba) — Seed
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Seed
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed
- CV VC (https://capitalatlas.ai/funds/cv-vc) — Seed
- Ascensive Asset Management (https://capitalatlas.ai/funds/ascensive-asset-management) — Seed
- MetaCartel Ventures (https://capitalatlas.ai/funds/metacartel-ventures) — Seed
- Nemo Ventures — Seed
- Alameda Research Ventures (https://capitalatlas.ai/funds/alameda-research-ventures) — Seed
- BENQi — Seed
- Morningstar Ventures (https://capitalatlas.ai/funds/morningstar-ventures) — Seed
- 6th Man Ventures (https://capitalatlas.ai/funds/6th-man-ventures) — Seed
- Contango Digital Assets (https://capitalatlas.ai/funds/contango-digital-assets) — Seed
- FireEyes DAO — Seed
- Paribu Ventures (https://capitalatlas.ai/funds/paribu-ventures) — Seed
- Encode Club — Seed
- Tendex GmbH — Seed
- Fawaz Group — Seed
- Daedalus (https://capitalatlas.ai/funds/daedalus) — Seed