# Nolus Platform

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nolus-platform

- Industry: Financial Services
- Headquarters: Road Town, British Virgin Islands
- Website: www.nolus.io
- Total disclosed funding: $2.5M
- Latest round: Seed (May 2, 2023)
- Investors on record: 5

## About

Based in Tortola, British Virgin Islands, Nolus Platform Ltd. operates as a financial service firm that provides a cryptocurrency platform for trading. The company was co-founded by Ivan Kostov and Kamen Trendafilov. As of 2023, the company is led by its CEO, Gancho Manev. In May 2023, Nolus raised USD 2.5 million in seed funding from Autonomy Capital, Cogitent Ventures, DoraHacks Ventures, Everstake Capital, and Token Metrics Advisers. 

Nolus' platform enables a decentralized finance (DeFi) money market, connecting lenders looking to earn yields on stablecoins and borrowers seeking to borrow digital assets beyond their current equity. The protocol utilizes a semi-permission PoS blockchain developed using the Cosmos SDK and a WebAssembly (WASM) smart contract engine. It operates in a secure and isolated sandbox environment, emphasizing interoperability, security, and performance. The platform's interoperability feature uses Inter-Blockchain Communication protocol (IBC) and Interchain Accounts to access diverse liquidity hubs without causing fragmentation across chains.

## Funding rounds

- Seed, May 2, 2023, $2.5M — Autonomy Capital, Token Metrics Advisers, DoraHacks Ventures, Cogitent Ventures, Everstake Capital

## Investors

- Autonomy Capital (https://capitalatlas.ai/funds/autonomy-capital) — Seed
- Token Metrics Advisers — Seed
- DoraHacks Ventures — Seed
- Cogitent Ventures (https://capitalatlas.ai/funds/cogitent-ventures) — Seed
- Everstake Capital (https://capitalatlas.ai/funds/everstake-capital) — Seed