Income-Backed DeFi Protocol Huma Finance Raises $8.3M Seed Funding Led by Race Capital and Distributed Global
SAN FRANCISCO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Huma , a leading income-backed DeFi protocol, today announced the close of an $8.3 million seed round led by Race Capital and Distributed Global with participation from ParaFi Capital, Circle Ventures, Folius Ventures, Robot Ventures and more.
- SAN FRANCISCO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Huma , a leading income-backed DeFi protocol, today announced the close of an $8.3 million seed round led by Race Capital and Distributed Global with participation from ParaFi Capital, Circle Ventures, Folius Ventures, Robot Ventures and more.
- Huma was the winner of the 2022 Decentralized Finance track during ETHDenver, a hackathon known for incubating numerous noteworthy projects.
- "We're excited to be working with the entire Huma Finance team," said Edith Yeung, General Partner at Race Capital.
- Huma Finance will start with the global factoring services market, which alone was valued at $3.5 Trillion in 2022.”