Total Funding
48
62
Total FundingSeed raised
Growth Score 48 in past quarter
-1 pts
Heat Score 62 in past quarter
0 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Events
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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54031
VELAR is a Multi-Feature DeFi App with Bitcoin Finality.
- Mithil Thakore: CEO & Co-FounderPast Role: QuillHash Technologies, Co-founder
About the Company
Velar is a fintech and blockchain company founded in 2023, focused on building decentralized finance (DeFi) infrastructure on the Bitcoin network. It provides a suite of applications—including a decentralized exchange (DEX), perpetual trading (PerpDEX), liquidity pools, staking, and a token launchpad—designed to unlock Bitcoin’s potential beyond
simple transactions. Built on Bitcoin Layer-2 solutions like Stacks, Velar enables users to perform advanced financial activities such as token swaps, yield farming, and leveraged trading while benefiting from Bitcoin’s security and finality.