Credbull, a decentralized private credit solutions provider, has raised USD 5.2 million in new funding led by GnosisVC, with participation from Outlier Ventures, HODL Ventures, LucidBlue Ventures, CryptoHedge, and other strategic investors.

The company plans to use the funding to further develop the platform's capabilities, expand its product suite, and strengthen its market position. 

Credbull is a DeFi platform that offers private credit investment opportunities for users to earn fixed yields from lending to small and medium-sized enterprises (SMEs). The platform converts investors' USD Coin (USDC) into dollars and allocates capital to established lending originators that offer loans to creditworthy SMEs for purposes such as working capital, trade receivables, and invoice factoring. It provides real-time visibility of on-chain fund performance and all off-chain activities and operates via decentralized governance on strategy, risk policies, and oversight of performance.

Analyst QuickTake: The DeFi lending space has seen a large influx in investor interest within the last two months, with several startups raising funding. This includes Arch Lending , Morpho , Liquidium , and Term Labs which raised USD 75 million, USD 50 million , USD 2.75 million , and USD 5.5 million , respectively. Credbull differentiates itself from its competition by offering structured financial products that focus on high-yield private credit opportunities from SMEs instead of individual borrowers.