Ellipsis Labs Raises $21M Led By Haun Ventures

10.31.2024

Ellipsis Labs Raises $21M Led By Haun Ventures

Ellipsis Labs is building the future of verifiable finance.

We are delighted to announce our $21M fundraise, led by Haun Ventures. The round includes participation from existing investors Electric Capital, Anatoly Yakovenko, and Paradigm.

Haun Ventures brings deep expertise in scaling crypto companies and shares our vision for verifiable finance.

This funding will accelerate the development of Atlas, the blockchain purpose-built for verifiable finance. Atlas represents the culmination of our experience building Phoenix, which has proven that fully on-chain financial infrastructure can deliver performance and scale. Learn more about Atlas here.

Phoenix, the leading on-chain orderbook DEX, has established itself as a cornerstone of DeFi infrastructure, demonstrating that sustainable on-chain markets can thrive without artificial incentives. As we build Atlas, we carry forward these principles of sustainable market design to create the foundation for mainstream on-chain financial applications.

Ellipsis Labs is hiring exceptional engineers who share our vision of bringing transparency and accessibility to global finance. Join us!

About Ellipsis Labs

Ellipsis Labs builds applications and infrastructure to create a sustainable foundation for finance. Our products include Phoenix, the leading on-chain orderbook DEX, and Atlas, a blockchain purpose-built for verifiable finance.

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