Reservoir, a US-based crypto startup, raised $14m in Series A funding.
The round was led by Union Square Ventures with participation from Coinbase Ventures, Variant, Archetype, and 1kx. In conjunction with the funding, Nick Grossman, a partner at Union Square Ventures, joined Reservoir’s board.
The company, which has raised a total of $26m, intends to use the funds to continue to expand operations and its development efforts.
Led by co-founder and CEO Peter Watts, Reservoir has built an infrastructure and APIs to bring efficient token markets to every chain, wallet, and app across various blockchain networks. Its product line includes:
- Relay, an API for instant bridging, swaps, and calls
- Swap, a DEX on users’ chain, and
- NFT, an NFT marketplace on users’ chain
FinSMEs
07/02/2025