# Formation.Fi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/formation-fi

- Industry: Software
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.formation.fi
- Total disclosed funding: $3.3M
- Latest round: Seed (May 4, 2021)
- Investors on record: 13

## About

Established in 2021 and based in Hong Kong, Formation.Fi operates as a company that simplifies the creation of decentralized finance (DeFi) portfolios and helps users better manage risk in the capital markets. In May 2021, the company raised USD 3.3 million in seed funding from Bancor DAO, Synthetix, and Polygon Technology, etc.

The company provides a cross-chain decentralized asset management system. It enables investors to control risk and improve returns by algorithmically introducing risk-adjusted portfolios on blockchain networks.

## Funding rounds

- Seed, May 4, 2021, $3.3M — Kenetic Capital, Kosmos Ventures, Spark Digital Capital, Brilliance Ventures, Synthetix, Momentum 6, AU21 Capital, Shima Capital, GBV Capital, X21 Digital, Genblock Capital, Polygon Technology, Bancor DAO

## Investors

- Kenetic Capital (https://capitalatlas.ai/funds/kenetic-capital) — Seed
- Kosmos Ventures (https://capitalatlas.ai/funds/kosmos-ventures) — Seed
- Spark Digital Capital — Seed
- Brilliance Ventures (https://capitalatlas.ai/funds/brilliance-ventures) — Seed
- Synthetix — Seed
- Momentum 6 (https://capitalatlas.ai/funds/momentum-6) — Seed
- AU21 Capital (https://capitalatlas.ai/funds/au21-capital) — Seed
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Seed
- GBV Capital (https://capitalatlas.ai/funds/gbv-capital) — Seed
- X21 Digital (https://capitalatlas.ai/funds/x21-digital) — Seed
- Genblock Capital (https://capitalatlas.ai/funds/genblock-capital) — Seed
- Polygon Technology — Seed
- Bancor DAO — Seed