DeFi Investors Framework Labs Raise $8 Million in Seed Funding

1. DeFi Investors Framework Labs Raise $8 Million in Seed Funding Framework Labs raised $8 million in seed funding round by Station 13, an investment firm concentrating on Blockchain Ventures. Framework Labs, the sister concern of Framework Ventures, has raised $8 million in a seed round from Station 13. The latter is an investment firm concentrating on blockchain ventures linked to media, sports, and entertainment. Station 13 led the $8 million fundraising round for Framework Labs. It aims to use the funds to expand its team of researchers, traders, and engineers. The company has now hired former CTO and co-founder of decentralized exchange IDEX, Ray Pulver and former principal at Wavemaker Partners, Roy Learner. Recently ​Chainlink announced Series B funding ​wherein it raised $13M. DEX Exchanges like Uniswap​ and ​1inch​ also successfully raised funding. Framework Labs sets out to be a “full-stack partner”. It helps in governing blockchain protocols, offers liquidity to decentralized exchanges, bootstraps startups, and develops customer apps. All of this takes place through DeFi. The founders of the DeFi investment fund Framework Ventures claims to be the foremost staker on Synthetix. It also claims to be a key node operator offering data for Chainlink’s oracles. “DeFi is not a spectator sport. Active participation, governance, the building of consumer products, and advanced trading strategies are all part of the complex process of making a DeFi protocol successful,” said Framework Labs co-founder, Vance Spencer in a press release. Framework Labs Introduces Network Capital According to a Forbes ​report​, Framework Labs founders Michael Anderson and Vance Spencer have developed a new investment model. The new

2. investment model named Network Capital will help in funding DeFi companies at multiple stages. Private equity firms, venture capital firms, and hedge funds tend to concentrate on funding during just one development stage. Contrarily, Framework Labs will finance at various stages and incubate startups too. It will also offer staking, provision liquidity, and develop new apps on protocols. Co-founder Michael Anderson said in a release, “We’re exceptionally proud to unveil Framework Labs, the manifestation of Framework Ventures’ Network Capital thesis: that alpha will be generated as much by hard work during network maturation as it is by picking winners early. To that end, the Framework Labs fintech studio will shape the way rising DeFi protocols function, bootstrapping liquidity for new projects, building retail-friendly tools, and staking to earn steady cash flows that stack atop themselves.” Read More: https://cryptodose.co/defi-investors-framework-labs-raise-8-million-in-seed-f unding/