Chaos Labs, a pioneering force in onchain economic security, has announced a robust $55 million Series A funding round, led by Haun Ventures. This landmark investment, which marks Haun Ventures’ inaugural Series A deal under General Partner Diogo Mónica, promises to significantly enhance the company’s risk management capabilities within the decentralized finance (DeFi) sector.
The funding round attracted notable participation from a roster of esteemed investors including F-Prime Capital, Slow Ventures, Spartan Capital, and several others. Existing investors also reaffirmed their support, with prominent names like Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, General Catalyst, Bessemer Venture Partners, and Coinbase Ventures continuing their backing. Strategic angel investors such as Kevin Weil (OpenAI CPO), Michael Shaulov (Fireblocks CEO), Anatoly Yakovenko (Solana CEO), Francesco Agosti (Phantom CTO), and Anton Katz (Talos CEO) also played a crucial role in this funding round.
Chaos Labs intends to utilize this capital to accelerate the development of its innovative risk management platform, which features advanced observability tools, pioneering risk oracles, and real-time parameter recommendations. The company’s technology has already proven essential for more than 20 high-profile protocols, including Aave, GMX, and Jupiter, securing substantial metrics such as $860 billion in cumulative trading volume, $25 billion in loans, and $35 million in incentives.
Diogo Mónica, General Partner at Haun Ventures, expressed his excitement about the investment: “Chaos Labs stands out as a leader in the field. Their rapid expansion amidst market volatility is a testament to their exceptional product and market fit. As the onchain finance space matures, the demand for sophisticated risk management tools tailored for the blockchain environment is becoming increasingly apparent.”
Omer Goldberg, Founder and CEO of Chaos Labs, emphasized the company’s vision: “Our mission is to provide high-quality data-driven risk management solutions in a landscape that is characterized by significant volatility. The future of decentralized finance requires dynamic, real-time data infrastructure to maintain its competitive edge.”
Editorial Perspective
Chaos Labs is poised at the forefront of a critical evolution in DeFi risk management. As the sector grows, the necessity for robust and responsive risk management systems becomes more pronounced. Chaos Labs’ approach to integrating onchain data with offchain market observability could well set a new standard in how decentralized applications manage risk and adapt to changing conditions.
The company’s strategic focus on merging real-time data with dynamic risk parameters addresses a significant gap in the current DeFi infrastructure. By bridging the gap between traditional financial systems and blockchain technology, Chaos Labs is not merely keeping pace but is actively driving innovation in the space. The ability to provide real-time, contextualized risk assessments could be transformative for DeFi protocols, which often struggle with outdated or static data.
With such promising advancements, Chaos Labs is on a trajectory to not only enhance the security and efficiency of decentralized finance but also to influence the broader financial landscape. The success of this funding round underscores investor confidence in the company’s vision and capabilities, setting the stage for further groundbreaking developments in onchain economic security.
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