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Superform raises USD 6.5 million in seed funding

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Feb 8, 2024

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Decentralized Finance (DeFi)

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Feb 8, 2024

Superform raises USD 6.5 million in seed funding

Funding

Superform, a yield aggregation platform, has raised USD 6.5 million in seed funding led by Polychain Capital, with participation from BlockTower Capital, Maven 11, and Circle Ventures, among several others.
The company plans to publicly launch its flagship platform within the first quarter. The startup operates across seven Ethereum Virtual Machine (EVM) compatible networks, including Arbitrum, Optimism, Base, and Polygon, and aims to expand to other blockchains in the future.
Superform offers a cross-chain yield aggregation protocol that enables users to access yields from multiple DeFi protocols. Protocol developers can list their vaults or liquidity pools on the platform to grow their asset base, and investors can deposit their funds into these vaults to earn yields. Moreover, the platform provides users with a tokenized representation of each deposit, which allows various yield combinations.

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