AUGUST 26, 2024 – We are excited to announce the closing of our $1.5M seed round from notable angels and DAOs, including DCF God, Ouroboros Capital, Fjord Foundry and others. This round of funding is the next step in furthering our vision of creating a new DeFi money lego through tokenised automated leverage on Berachain.

Since launching our first delta-neutral vaults on Ethereum mainnet, Origami has amassed a notional TVL (Total Value Locked) of over $50M, by allowing users to leverage farm popular protocols such as Ethena, Usual and EtherFi with just one click and rest easy.

On Berachain, Origami will create liquidity on DEX (Decentralised Exchange) pools for several new lovTokens (Leveraged Origami Vault Tokens), allowing users to effortlessly swap in and out of automated leverage positions like any other token.

This allows Origami to make use of Berachain’s unique consensus mechanism to further drive liquidity via a robust flywheel of incentives.

Joining our development journey are Ouroboros Capital, Fjord Foundry, Good Partners, Aquanow, Beraland, Boba Tea Capital, Upside and 33Ventures – as well as valued angels – DCF God, Jani (The Honey Jar), Greenfund, RiffRaff, Adli (Usual), 0xBisbis, DeFi Ted (ParagonsDAO), Steve Bearwin (Ursadom), Noral & Polar (Ramen Finance), Oleg (Coinrule), Angels from LayerZero and Atka, and many others.

Origami incubator TempleDAO also participated in the round as follow-on investors.

“This round of funding allows us to unleash the full power of lovTokens in the upcoming year. The economic playground on Berachain is like no other, so we are elated to be backed by such a terrific set of DeFi-savvy investors." – Lux, Co-Founder of Origami Finance

“We like to loop.” – DCF God, DeFi-savvy Investor

About Origami
Origami Finance is a first-in-class automated leverage protocol launching on Berachain. Fully integrated with third-party lenders, Origami allows for fully composable leverage automation, maximising capital efficiency whilst minimising risk of liquidation and bad debt. No health factor monitoring. No position management. Just true one-click leverage.
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