TechFlow News — Blockchain risk analysis firm Chaos Labs announced on Tuesday it has raised $20 million in seed funding, led by PayPal Ventures and Galaxy Digital. Participants include Coinbase, Uniswap, Lightspeed, Bessemer, and angel investors Balaji Srinivasan and Naval Ravikant.
The nearly two-year-old company specializes in running worst-case scenario simulations for DeFi trading platforms. Omer Goldberg, founder and CEO of Chaos Labs, said in an interview: "We've built a Web3 cloud that can replicate every blockchain our clients operate on. We can interact with their applications just as they do in the real world."
The team includes former members of Israeli special forces, and its 10 publicly known clients include leading DeFi companies such as Aave, Chainlink, and Uniswap.Original link
