# Kava Labs

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

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.kava.io
- Total disclosed funding: $1.2M
- Latest round: Seed (Feb 28, 2019)
- Investors on record: 9

## About

Based in California, US, and founded in 2018, Kava Labs Inc., also known as Hard Protocol operates as a cross-chain money market for digital assets that aims to provide the ability to lend, borrow, and earn with assets including BTC, XRP, BNB, BUSD, KAVA, USDX, and others. In November 2020, Hard Protocol raised USD 0.1 million funding from Binance Labs.

The company operates as a decentralized, cross-chain money market, that enables the supply and borrowing of assets like BTC, XRP, BNB, BUSD, KAVA, and USDX. The company provides interledger solutions for blockchain, digital wallets and exchanges. It enables users to access blockchain network and services, swap assets, send cross-chain payments, and retain custody of assets while transacting with exchanges orderbook.

## Funding rounds

- Seed, Feb 28, 2019, $1.2M — 2020 Ventures, Arrington Capital, Hard Yaka, Xpring, Lemniscap, Digital Asset Capital Management, Robot Ventures, UniValues Associates, Coil Technologies, Inc.

## Investors

- 2020 Ventures (https://capitalatlas.ai/funds/2020-ventures) — Seed
- Arrington Capital — Seed
- Hard Yaka (https://capitalatlas.ai/funds/hard-yaka) — Seed
- Xpring — Seed
- Lemniscap — Seed
- Digital Asset Capital Management (https://capitalatlas.ai/funds/digital-asset-capital-management) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- UniValues Associates (https://capitalatlas.ai/funds/univalues-associates) — Seed
- Coil Technologies, Inc. — Seed