What is Swaap?
Swaap specializes in building and operating onchain trading systems, facilitating transactions across multiple blockchains. With a monthly trading volume exceeding 1 billion, the company has established itself as a respected entity within the industry. The team behind Swaap is dedicated to advancing technology in the blockchain trading space, aiming to enhance efficiency and accessibility for digital asset exchanges.
How much funding has Swaap raised?
Swaap has raised a total of $4.5M across 1 funding round:
Angel/Seed
$4.5M
Angel/Seed (2023): $4.5M with participation from New Form Capital, C2 Ventures, Kima Ventures, Signature Ventures, Pareto Ventures, and Entrepreneur First
Key Investors in Swaap
New Form Capital
New Form Capital is a venture capital firm focused on fintech and blockchain, supporting next-generation financial markets and aiming to reduce inefficiencies. They specialize in early-stage investments in innovative blockchain companies and protocols.
C2 Ventures
C2 Ventures is an early-stage venture capital firm investing in AI-powered solutions for essential sectors like enterprise SaaS and robotics, with a focus on Pre-Series A companies transforming industries.
Kima Ventures
Kima Ventures, the venture capital arm of Xavier Niel, is a highly active early-stage investor, backing approximately 100 startups annually from pre-seed to seed stages, providing capital, network, and support.
What's next for Swaap?
The recent major strategic investment positions Swaap for accelerated growth and further development of its onchain trading infrastructure. This capital infusion is expected to fuel expansion into new markets, enhance technological capabilities, and solidify its competitive edge. Swaap's focus on facilitating multi-blockchain transactions indicates a strategic move towards interoperability and broader adoption of decentralized finance (DeFi) solutions. The company's trajectory suggests a continued emphasis on innovation and scaling its operations to meet the increasing demand for robust and secure onchain trading platforms.
See full Swaap company page
