ChainCatcher news, DeFi lending protocol Wildcat Labs announced the completion of a $3.5 million seed extension round led by Robot Ventures, with a valuation reaching $35 million. Institutions such as Triton Capital, Polygon Ventures, and several angel investors also participated.
The new funds will be used to expand the team, promote the protocol’s integration within the Ethereum ecosystem, and develop new markets and mechanisms. Wildcat Labs has raised a total of $5.3 million to date, currently manages $150 million in outstanding credit, and has reached a total credit volume of $368 million since its launch.