Intensity Labs, developer of the "intent-centric" DeFi protocol Shogun, raised $6.9 million in a seed funding round co-led by Polychain Capital and DAO5, with participation from Arrington Capital, Arthur Hayes' family office Maelstrom, and Build-a-Bera. Angel investors Cobie, Ansem, Ser Shokunin, and Meltem Demirors also joined. The funding round, which began in January, was oversubscribed by mid-February. Initially targeting $5 million, the amount was increased to $6.9 million due to high demand, said co-founder Rahul Patel. Structured as a SAFE with token warrants, this round values Shogun's tokens at $69 million. Shogun was previously incubated by Binance Labs.
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ETH
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USDT
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USDS
$0.999928
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RAIN
$0.012729
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LEO
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ZEC
$510.98
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ADA
$0.202102
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XMR
$373.32
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WBT
$56.15
▲ +0.70%
LINK
$8.19
▼ -0.50%
XLM
$0.161654
▲ +0.40%
DAI
$0.999802
▲ +0.00%
BCH
$216.12
▲ +1.30%
USD1
$0.999811
▲ +0.00%
USDE
$0.999777
▲ +0.00%
GRAM
$1.35
▼ -2.00%
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,920.00
▲ +0.80%
ETH
$1,914.24
▲ +0.60%
USDT
$0.999454
▲ +0.00%
BNB
$592.37
▲ +0.30%
USDC
$0.999697
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.81
▲ +1.60%
TRX
$0.327202
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.35
▼ -2.90%
DOGE
$0.06971
▲ +1.60%
USDS
$0.999928
▲ +0.00%
RAIN
$0.012729
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$510.98
▲ +3.50%
ADA
$0.202102
▼ -1.80%
XMR
$373.32
▲ +1.80%
WBT
$56.15
▲ +0.70%
LINK
$8.19
▼ -0.50%
XLM
$0.161654
▲ +0.40%
DAI
$0.999802
▲ +0.00%
BCH
$216.12
▲ +1.30%
USD1
$0.999811
▲ +0.00%
USDE
$0.999777
▲ +0.00%
GRAM
$1.35
▼ -2.00%
BTC
$64,920.00
▲ +0.80%
ETH
$1,914.24
▲ +0.60%
USDT
$0.999454
▲ +0.00%
BNB
$592.37
▲ +0.30%
USDC
$0.999697
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.81
▲ +1.60%
TRX
$0.327202
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.35
▼ -2.90%
DOGE
$0.06971
▲ +1.60%
USDS
$0.999928
▲ +0.00%
RAIN
$0.012729
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$510.98
▲ +3.50%
ADA
$0.202102
▼ -1.80%
XMR
$373.32
▲ +1.80%
WBT
$56.15
▲ +0.70%
LINK
$8.19
▼ -0.50%
XLM
$0.161654
▲ +0.40%
DAI
$0.999802
▲ +0.00%
BCH
$216.12
▲ +1.30%
USD1
$0.999811
▲ +0.00%
USDE
$0.999777
▲ +0.00%
GRAM
$1.35
▼ -2.00%
Mkt Cap $2.29T
BTC Dom 56.79 %
BTC
$64,920.00
▲ +0.80%
ETH
$1,914.24
▲ +0.60%
USDT
$0.999454
▲ +0.00%
BNB
$592.37
▲ +0.30%
USDC
$0.999697
▲ +0.00%
XRP
$1.02
▼ -1.00%
SOL
$73.81
▲ +1.60%
TRX
$0.327202
▲ +0.00%
FIGR_HELOC
$1.03
▲ +1.20%
HYPE
$54.35
▼ -2.90%
DOGE
$0.06971
▲ +1.60%
USDS
$0.999928
▲ +0.00%
RAIN
$0.012729
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$510.98
▲ +3.50%
ADA
$0.202102
▼ -1.80%
XMR
$373.32
▲ +1.80%
WBT
$56.15
▲ +0.70%
LINK
$8.19
▼ -0.50%
XLM
$0.161654
▲ +0.40%
DAI
$0.999802
▲ +0.00%
BCH
$216.12
▲ +1.30%
USD1
$0.999811
▲ +0.00%
USDE
$0.999777
▲ +0.00%
GRAM
$1.35
▼ -2.00%
