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High Tech Series B Founded 2023

Squid

Squid is a developer of a cross-chain swap and liquidity routing protocol. The platform utilizes existing decentralized exchanges to swap and send any native token between chains via SDK, front end, or contracts directly. It allows users to buy NFTs from any marketplace, use multi-chain DeFi, and play games on other chains without signing multiple transactions or downloading multiple wallets. Squid enables seamless…

📍 Switzerland · Blockchain Infrastructure,

Funding snapshot

Last roundSeries B
Amount$6M
Date22 May 2026
Total raised$14M
Team size8

About

Squid is a developer of a cross-chain swap and liquidity routing protocol. The platform utilizes existing decentralized exchanges to swap and send any native token between chains via SDK, front end, or contracts directly. It allows users to buy NFTs from any marketplace, use multi-chain DeFi, and play games on other chains without signing multiple transactions or downloading multiple wallets. Squid enables seamless cross-chain interoperability for decentralized finance applications, reducing friction in multi-chain interactions. Founded in 2023 and headquartered in Switzerland, Squid has raised approximately 13.5 million at the Series B stage with investors including North Island Ventures, Distributedglobal, Fabric Ventures, Axelar, Polychain, Ripple, Borderless Capital, and Chorus One.

Business model

Blockchain Infrastructure > Middleware > Cross Chain > DeFi

Institutional investors

North Island Ventures Distributedglobal Fabric Ventures Axelar Galileo Ventures Chapter One Node Capital Polychain Nomad Capital Maelstrom Chorus One The Department of XYZ Breed Binary Typhon Ventures

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