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Venture Capital News: Donut Raises $2M

2021-06-22
LOS ANGELES, CA, Donut, a mobile app to save and earn high yield with DeFi, today announced the closing of $2 million in a new funding round.
Redalpine added to their commitment, bringing Donut's total funding to date to $3.8 million. Other investors include Inventures, Compound founder Robert Leshner, Entrepreneur First and a group of enthusiastic users, including the owners of the Washington Nationals baseball team.

Donut is a user-friendly mobile app that helps you save & earn high yield with DeFi. With the support of industry leaders, Donut is on a mission to build a more inclusive financial world by empowering anyone to grow their wealth with digital assets. Donut is dual headquartered in Los Angeles and Berlin. To learn more, visit www.donut.app.
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