Uniswap Completes Series A Funding, Raises $11 Million

Uniswap Completes Series A Funding, Raises $11 Million

By Abhimanyu Krishnan | News | 7 Aug 2020


Decentralized on-chain protocol Uniswap announced the completion of its Series A funding round on August 6, raising $11 million. Uniswap had already raised $1 million in seed funding from Paradigm and others.

  • Funding led by Andreessen Horowitz; additional investors include USV, Paradigm, Version One, Variant, Parafi Capital, SV Angel and A.Capital
  • Funding will be used to build and release Uniswap V3
  • Uniswap launched V2 only as recently as May 2020, which brought features such as flash swaps and ERC20/ERC20 token pairs
  • Funding comes as Uniswap grows in popularity, having the most DeFi users according to ConsenSys

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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