Ithaca Finance Raises $2.5 Million in Pre-Seed Funding Round

IN PRE round SEED 2024-01-31 46

According to Foresight News, Ithaca Finance, a composable options protocol, has completed a $2.5 million pre-seed funding round. The round was led by Cumberland and Wintermute Ventures, with participation from Room40 Ventures, Ghaf Capital Partners, and angel investors including DARMA Capital co-founder Andrew Keys and Axelar co-founder Georgios Vlachos.

Ithaca Finance has launched on the Arbitrum testnet and will only invite selected participants before fully launching its mainnet later this quarter.

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