# Perennial Labs

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

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.perennial.finance
- Total disclosed funding: $12M
- Latest round: Seed (Dec 7, 2022)
- Investors on record: 7

## About

Based in California, US, Perennial Labs, Inc., operates as a DeFi (decentralized finance) native derivatives protocol company. In December 2022, the firm raised USD 12 million in seed funding co-led by investors Polychain Capital and Variant, with participation from other investors A Capital Partners, Archetype, Coinbase Ventures, etc.

The company offers DeFi build with non-custodial DeFi protocol that is fully on-chain with open-source code, to enable the creation of two-sided markets made up of traders and liquidity providers. The company also offers the feature of no order books, zero price slippage, permissionless leverage, composable positions, and DeFi-exclusive markets like Squeeth.

## Funding rounds

- Seed, Dec 7, 2022, $12M — A Capital Partners, Polychain Capital, Scalar Capital, Coinbase Ventures, Robot Ventures, Variant, Archetype

## Investors

- A Capital Partners (https://capitalatlas.ai/funds/a-capital-partners) — Seed
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Scalar Capital — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- Variant (https://capitalatlas.ai/funds/variant) — Seed
- Archetype — Seed