Veax Labs

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Veax Labs - overview

Established

2022

Location

Zug, -, Switzerland

Primary Industry

Software

About

Based in Switzerland, and founded in 2022, Veax Labs operates as a blockchain company that offers a DeFi (decentralized finance) platform for trading. In November 2022, Veax raised USD 1. 2 million in pre-seed funding from Circle Ventures, Outlier Ventures, Seier Capital, and Skynet Trading. As of 2022, the company’s CEO is Mathias Lundoe Nielsen, and it has 30 plus employees.


Veax provides a decentralized derivative trading platform, which is a liquidity management tool for decentralized cryptocurrency trading that operates on the NEAR blockchain. The platform offers multiple traditional finance (TradFi) features, such as hybrid AMM (automated market makers), DEX (decentralized exchange), a liquidity management dashboard, smart contracts, and more. The company plans to use the funds raised in November 2022 to launch its platform, expanding its operations and business reach.


Current Investors

Seier Capital, Outlier Ventures, Skynet Trading

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.veax.com

Verticals

Blockchain, Blockchain, Cloud Computing, FinTech

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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