# Mound

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mound

- Industry: Financial Services
- Headquarters: Cambridge, US
- Website: www.pancakebunny.finance
- Total disclosed funding: $1.6M
- Latest round: Seed (Apr 1, 2021)
- Investors on record: 3

## About

Based in Cambridge, US, and founded in 2020, Mound Inc. trading as Bunny operates as a finance platform for yield farming based on Binance Smart Chain, a blockchain for DeFi application. Jun Young Hur is the founder of the company. In April 2021, Mound Inc. raised USD 1.6 million in Seed funding led by Binance Labs including SparkLabs, IDEO CoLab Ventures, and other individual investors.

The company provides Pancake Bunny, a yield farming aggregator which has more than 30,000 daily average users. The firm offers smart vaults for farming single asset yields on leveraged lending products, and also offers cross-chain collateralization is a cross-chain yield farming that lets users keep original assets on their native blockchain instead of relying on a bridge token.

The enterprise plans to use the April 2021 funding to expand Pancake Bunny and develop new products.

## Funding rounds

- Seed, Apr 1, 2021, $1.6M — YZi Labs, SparkLabs Ventures, IDEO CoLab Ventures

## Investors

- YZi Labs (https://capitalatlas.ai/funds/yzi-labs) — Seed
- SparkLabs Ventures — Seed
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Seed