Kuru Labs raises $11.6 million in Series A round

Source
Son Min

Summary

  • Kuru Labs reported that it has secured an $11.6 million investment.
  • They announced that their goal is to use the funds to build an on-chain order book exchange.
  • It was reported that this round was led by Paradigm.

Startup Kuru Labs, which is building a decentralized exchange (DEX) based on Monad (MONAD), has attracted an investment of $11.6 million.

On the 7th (local time), Kuru Labs announced on X (formerly Twitter), "We have raised $11.6 million through our Series A round," and added, "With the funds raised, we will implement a fully on-chain order book exchange." Meanwhile, it is known that the round was led by Paradigm.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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