# Squid

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

- Industry: Software
- Headquarters: Zug, Switzerland
- Website: www.squidrouter.com
- Total disclosed funding: $9.5M
- Latest round: Seed (May 22, 2026)
- Investors on record: 13

## About

Established in 2021 and based in Zug, Switzerland, Squid operates as a provider of a trading platform that offers software development kits and APIs to help developers create crypto-native apps and trade on cross-chain platforms. In May 2026, Squid raised USD 6 million in seed funding led by North Island Ventures, with participation from Ripple Labs Inc., Dialectic Capital Management, Borderless Capital, Scenius Capital, Altos Venture, and Arche Capital. The company offers a routing protocol that allows users and developers to gain access to cross-chain liquidity. Squid's API and SDK support swaps among various token types and allows multiple swaps and on-chain function calls to be linked together across a large list of integrated chains, allowing developers and users to explore new ecosystems, buy NFTs on any chain with any asset, deposit into a margin account on a decentralized derivatives exchange, build payments to any chain, or to turn wallets chain-agnostic. The company plans to utilize the May 2026 funding to broaden its consumer product lineup supported by cross-chain infrastructure.

## Funding rounds

- Seed, May 22, 2026, $6M — Ripple Labs Inc., Altos Venture, Borderless Capital, North Island Ventures, Dialectic Capital Management, Arche Capital, Scenius Capital
- Seed, Jan 31, 2023, $3.5M — Distributed Global, Chapter One, Fabric Ventures, North Island Ventures, Galileo Financial Technologies, Inc., Axelar Inc., Node Capital

## Investors

- Distributed Global — Seed
- Chapter One (https://capitalatlas.ai/funds/chapter-one) — Seed
- Fabric Ventures (https://capitalatlas.ai/funds/fabric-ventures) — Seed
- North Island Ventures (https://capitalatlas.ai/funds/north-island-ventures) — Seed
- Galileo Financial Technologies, Inc. — Seed
- Axelar Inc. — Seed
- Node Capital (https://capitalatlas.ai/funds/node-capital) — Seed
- Ripple Labs Inc. — Seed
- Altos Venture (https://capitalatlas.ai/funds/altos-venture) — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed
- Dialectic Capital Management (https://capitalatlas.ai/funds/dialectic-capital-management) — Seed
- Arche Capital (https://capitalatlas.ai/funds/arche-capital) — Seed
- Scenius Capital — Seed