Friktion Labs

About

Solana’s largest portfolio and risk manager for individuals, DAOs, and Institutional Asset Managers

Austin,Texas,United States
https://friktion.fi/

Highlights

Details

Last Funding Type: Seed
Industries: Blockchain,Cryptocurrency
Founded date: Jan 1, 2021
Operating Status: Active

Friktion Labs is a team of quantitative traders, researchers, and crypto engineers with backgrounds in commodities, treasuries, volatility products, and crypto-assets. The organization has brought on board a group of derivatives traders and market makers in Genesis Trading, Alameda Research, LedgerPrime, QCP Capital, CMS Holdings, Orthogonal Trading, and GSR.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$5.50M

Friktion Labs has raised a total of $5.50M in funding over 2 rounds. Their latest funding was raised on Jan 22, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 22, 2022	Seed	—	1	—	—	Detail
Jan 13, 2022	Series Unknown	$5.50M	13	—	—	Detail
Oct 4, 2021	Seed	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

—

14

Friktion Labs is funded by 14 investors. Jason Yanowitz and Alameda Research are the most recent investors.

Investor Name	Lead Investor	Funding Round
Jason Yanowitz	—	Seed
Alameda Research	—	Series Unknown
Castle Island Ventures	—	Series Unknown
DeFiance Capital	—	Series Unknown
Delphi Ventures	—	Series Unknown
Dialectic	—	Series Unknown
GSR	—	Series Unknown
Jump Crypto	—	Series Unknown
Libertus Capital	—	Series Unknown
PetRock Capital	—	Series Unknown