DeFi startup Pillow raises $3M
- Date: 26-Jan-2022
- Source: Finextra
- Sector:Technology
- Country:Middle East
DeFi startup Pillow raises $3M
Source: Pillow
Pillow, a DeFi (decentralized finance) startup that helps generate yields on crypto, has raised $3M in seed funding led by Elevation Capital and a host of prominent angels, including Scott Lewis (Co-founder, DeFi Pulse), JD Kanani & Sandeep Nailwal (Co-founders, Polygon), Prabhakar Reddy (Co-founder, FalconX), and Aniket Jindal (Co-founder, Biconomy).
The funds will be used to build alpha-generating DeFi strategies for popular crypto assets (including $BTC, $ETH, and popular stablecoins), accelerate global expansion, build a strong user community, and grow the Pillow brand to make DeFi accessible worldwide.
Founded in 2021 by Arindam Roy, Rajath KM, and Kartik Mishra, Pillow is an exclusive community for users worldwide who want to earn market-beating interest rates on their crypto, instead of letting them lie idle. Arindam and Rajath are DeFi maximalists, deeply entrenched in the DeFi space since its inception. They are also active Web 3 advocates. Kartik is an early crypto adopter, buying his first bitcoin
Select Sector 
Select Country 
