Los Angeles, United States
Archimedes is a blockchain and fintech startup founded in 2022 with the goal of enhancing capital efficiency in DeFi through their flagship product, the Archimedes Vault. The company is focused on developing high-quality liquidity management solutions and introducing greater flexibility by packaging highly-leveraged positions as tradable ERC tokens.
Backed by top VCs and crypto funds, as well as prominent crypto angels and co-founders of other protocols, Archimedes has received a $4.90M Seed Round investment on 01 February 2023 from Cogitent Ventures, Hack VC, Haven Ventures, Psalion, Truffle Ventures, Uncorrelated Fund, and Palsar Ventures.
The company's headquarters are located in the United States, and its core team comprises a diverse group of individuals, including math geeks, MIT alums, entrepreneurs, and engineers from renowned companies such as Okta, PayPal, and Bain. Archimedes aims to operate with agility, tackle complex challenges, and collaborate closely with the global DeFi community.
