Blueprint Finance, a DeFi company, has raised $9.5 million, with Polychain Capital leading the investment.

Gate News bot message, DeFi company Blueprint Finance announced the completion of a $9.5 million financing round, led by Polychain Capital, with participation from YZi Labs and VanEck. This financing brings Blueprint Finance's total funding to $17 million.

The new funds will be used for recruitment, engineering development, and marketing. Blueprint Finance was founded by CEO Nic Roberts-Huntley in 2023, focusing on simplifying the asset appreciation process for cryptocurrency investors.

The company has launched two products: Concrete and Glow, the former targeting lending services in the Ethereum ecosystem, while the latter is a lending platform based on the Solana blockchain.