Suilend completes $4 million financing, led by Robot Ventures

Suilend, a decentralized lending protocol, announced the completion of a $4 million financing round led by Robot Ventures, with the participation of several venture capital institutions and angel investors. The project previously raised $2 million in February this year.
Suilend founder Rooter said the fundraising will help the team stay afloat during a possible long-term bear market, ensuring sufficient funding for the next four years. Suilend plans to launch its new token, SAVE, in the coming days while continuing to expand its core product suite, including the recently launched Liquidity Staked Token project and the upcoming launch of Automated Market Maker (AMM).