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Funding
Aperture Finance raises USD 12 million in Series A funding
Decentralized Finance (DeFi)
May 28, 2024
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Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

May 28, 2024

Aperture Finance raises USD 12 million in Series A funding

Funding

  • Aperture Finance, a DeFi operations automation platform, has raised USD 12 million in Series A funding led by Skyland Ventures, Blockchain Founders Fund, and Krypital Group, with participation from Alchemy, SNZ, Tide and Stratified Capital, among others. This round brings the company's total funding to USD 16.6 million and gives it a valuation of USD 250 million.

  • The company plans to use the funding to further develop its intents infrastructure, expand its solver network, and support the launch of its LLM integration.

  • Aperture Finance offers an application programming interface named “Intent API,” which enables users to automate their interactions with DeFi protocols using GenAI. Users can write out DeFi workflows, such as liquidity rebalancing using natural language, and have the solution generate the most efficient transaction flows, which can then be automatically executed when specific conditions are met. The solution leverages Uniswap V3, a decentralized exchange, as well as a decentralized network of solvers to tap into liquidity, and simulate and rank transaction flows based on transaction fees and capital efficiency.

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