On-chain investment project Storm Labs completes $3 million financing, led by Electric Capital

ChainCatcher news, according to Coindesk, the on-chain investment project Storm Labs has completed a $3 million financing round, led by Electric Capital, with participation from Accomplice, Robot Ventures, Daedalus, and well-known angel investors in the industry.

It is reported that Storm Labs will use this round of financing to build the on-chain portfolio manager Cove. Cove allows users to build and manage customized DeFi portfolios without manual operations, addressing issues such as losses and rebalancing.