INIT Capital operates a liquidity-linked money market protocol within the Mantle ecosystem, providing DeFi liquidity and money-market services. The core product ties liquidity provisioning to money-market mechanics for users and liquidity providers. The company announced a $3.1 million seed round to support growth. Proceeds will be used to strengthen its technical capabilities and market strategy. INIT plans to launch a new product called "Looping Hook" on February 28. The funding is positioned to accelerate product development and go-to-market execution within the Mantle DeFi community.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2024