Variational Announces $1.5 Million Strategic Round And Launches Referral Program

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Here’s a summary based on the provided content:

Startup Information

  • Startup: Variational
  • Website: variational.io
  • Founded by: Lucas V. Schuermann (Founder and CEO), Max Bibeau (Head of Growth)

Funding Information

  • Series: Strategic funding
  • Amount Raised: $1.5 million
  • Date of Fundraise: June 4, 2025

Investors

  1. Mirana Ventures
  2. Caladan
  3. Zoku Ventures (formerly Superpotion)
  4. Other key partners (not specified)

Previous Funding

  • Previous Round: $10.3 million seed round (announced in September)

Key Features of Variational

  • Omni: A platform for trading perpetual futures with zero fees.
  • Designed for peer-to-peer derivatives trading.
  • Supports hundreds of markets without using order books, relying instead on request-for-quote infrastructure.

Future Plans

  • Implementing loss rebates and reward mechanisms.
  • Public mainnet release.
  • Opening up the Omni Liquidity Provider (OLP) vault for community deposits.

Progress Tracking

  • Variational’s progress can be followed on their X Account and via their Discord.

This encapsulates the key aspects of the startup, funding, and features based on the provided information.

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2025-06-04 23:00:36