Arrakis Finance
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Arrakis Finance - overview
Established
2021
Location
Zug, -, Switzerland
Primary Industry
Financial Services
About
Based in Switzerland, and founded in 2021 by co-founders Ari Rodriquez and Hilmar Orth, Spacing Guild GmbH trading as Arrakis Finance operates as a decentralized platform that allows the creation and automated execution of sophisticated market-making strategies on Uniswap V3 that previously were only feasible on CEXs. In December 2022, Arrakis Finance raised USD 4 million in seed funding from Accel, Polygon Ventures, Robot Ventures, and Uniswap Labs Ventures. As of December 2022, the company has a team of 8 people. Spacing Guild GmbH develops a decentralized market-making protocol for liquidity providers and professional market makers and enables the construction of an arbitrary combination of liquidity positions, liquidity provision in different fee-tiered pools, aggregating liquidity sources from DEXs or directly mintable protocols, and ensures that liquidity deposited by arbitrary depositors can be withdrawn anytime only by the depositors themselves, as managers do not have custody of the liquidity deposited.
The company plans to use the seed funding to add additional team members and platform development.
Current Investors
Accel, Robot Ventures, Westbourne River Partners
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Development, Web Applications, Systems Management Software
Website
http://www.arrakis.finance
Verticals
Blockchain, FinTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.