Spicenet
Latest round
- Series A
Last raised
- Oct 2026
Total raised
- $8.4M
Investors
- 11
About Spicenet
Based in the US, Spicenet is a technology company providing a permissionless shared liquidity layer for high-performance trading applications, aimed at enhancing trading efficiency in decentralized finance environments. Spicenet primarily offers a permissionless shared liquidity layer designed for high-performance trading applications. Its core product, the Velocity execution engine, enables rapid transaction processing under one millisecond, facilitating gas-free trading through native paymasters. This infrastructure supports various end-use cases, including the development of modular trading applications, financial instruments, and markets, aimed at enhancing capital efficiency and liquidity within decentralized finance (DeFi). Spicenet's technology is beneficial for developers and traders in the cryptocurrency markets, enabling them to build and scale applications without the burdens of traditional transaction fees and latency issues. The revenue model for Spicenet revolves around transaction fees, partnerships, and collaborative integrations within the DeFi ecosystem. Clients utilizing the Velocity execution engine can engage in trading activities, where Spicenet collects fees based on the volume of transactions processed through its platform. Spicenet is focusing on launching new products, including enhanced versions of the Velocity engine, with anticipated releases in early 2025. The company plans to expand its market presence in Asia, particularly targeting Japan and South Korea, by 2026.4 mn will be utilized to support these product developments and market expansion efforts, enhancing their technology infrastructure and marketing capabilities.
Who invested in Spicenet
11 investors across 2 rounds
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Questions about Spicenet
Who invested in Spicenet?
Spicenet has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spicenet raised?
Spicenet has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Spicenet last raise money?
Spicenet's most recent round on record is a Series A, in Oct 2026.
What does Spicenet do?
Based in the US, Spicenet is a technology company providing a permissionless shared liquidity layer for high-performance trading applications, aimed at enhancing trading efficiency in decentralized finance environments.
Where is Spicenet headquartered?
Spicenet is headquartered in US.
Which VCs invest in companies like Spicenet?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Spicenet's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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