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High Tech Seed Founded 2018

Mycelium

Mycelium is a decentralized finance platform building the connective tissue for global digital markets, enabling traders to hedge portfolio risk or apply trade leverage over the long term through fully composable, leveraged tokens. The platform allows users to carry leveraged positions throughout DeFi ecosystems, providing composable tokenized leverage that integrates with various decentralized finance protocols and…

📍 Sydney, Australia · Blockchain Infrastructure,

Funding snapshot

Last roundSeed
Amount$4M
Date15 September 2021
Total raised$4M
Team size17

About

Mycelium is a decentralized finance platform building the connective tissue for global digital markets, enabling traders to hedge portfolio risk or apply trade leverage over the long term through fully composable, leveraged tokens. The platform allows users to carry leveraged positions throughout DeFi ecosystems, providing composable tokenized leverage that integrates with various decentralized finance protocols and applications. Mycelium's technology enables the creation of leveraged exposure to crypto assets in a tokenized form, which can be transferred, traded, or used as collateral across the broader DeFi landscape. This approach to composable leverage differentiates Mycelium from traditional margin trading platforms by making leveraged positions portable and interoperable with other DeFi primitives. The platform operates on blockchain infrastructure with smart contract functionality, ensuring transparency, security, and trustless execution of all transactions. Founded in 2018 and headquartered in Sydney, Australia, the company has raised $4.5M in seed funding from investors including Framework Ventures, Digital Asset Capital Management, Maven 11, Apollo Capital, Distributedglobal, Supernova, GSR Ventures, Efficient Frontier, The LAO, and TokenInsight.

Business model

Smart Contracts > Contract Development and Management,

Blockchain Infrastructure > Smart Contracts,

Cryptocurrencies > Financial Services > Investment Industry > Trading Enablers > Portfolio Management > DeFi > Risk Management

Institutional investors

Framework Ventures Digital Asset Capital Management Maven 11 Apollo Capital Distributedglobal Supernova GSR Ventures Efficient Frontier The LAO TokenInsight Simon Cant Danny Gilligan Sidney Powell Stani Kulechov Kevin De Patoul

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