# Quasar Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quasar-finance

- Industry: Financial Services
- Headquarters: Madrid, Spain
- Website: www.quasar.fi
- Total disclosed funding: $6.1M
- Latest round: Seed (Feb 28, 2022)
- Investors on record: 7

## About

Based in Madrid, Spain, and founded in 2022, Quasar Labs Ltd. trading as Quasar Finance, operates as a digital asset management platform that provides access and usage to decentralized finance. In July 2022, Quasar Finance raised USD 6 million in seed funding co-led by Blockchain Capital and Polychain Capital, with participation from Galileo Partners, HashCIB, Lightshift Capital, Binary Capital, and Figment Inc. As of August 2022, the company is led by its CEO Valentin Pletnev.

Quasar Labs Ltd. designed a platform to create and join Vaults- independent asset containers equipped with IBC technology that connects token and data transfer between chains. It offers the gateway to multi-chain Defi investment for investors while offering tools and infrastructure to create vault-based investment strategies for users to fundraise on an open marketplace and earn revenue based on their vault management.

The company plans to use the seed funding to create a vault-based asset management app chain for the Cosmos ecosystem and broader Inter-Blockchain Communication (IBC) protocol.

## Funding rounds

- Seed, Feb 28, 2022, $6.1M — Galileo Partners, Binary Capital, Blockchain Capital, Polychain Capital, Figment, Inc., HashCIB, Lightshift Capital Management

## Investors

- Galileo Partners (https://capitalatlas.ai/funds/galileo-partners) — Seed
- Binary Capital (https://capitalatlas.ai/funds/binary-capital) — Seed
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Seed
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Figment, Inc. — Seed
- HashCIB (https://capitalatlas.ai/funds/hashcib) — Seed
- Lightshift Capital Management (https://capitalatlas.ai/funds/lightshift-capital-management) — Seed