According to Foresight News, Octav, a decentralized finance (DeFi) data analysis platform, has successfully raised $2.65 million in a seed funding round. The round saw participation from investors such as Nascent, Polymorphic Capital, Parallel Studio, Spaceship DAO, Investmeows, Possible Ventures, Speedinvest, and ACET Capital. Individual investors included Aave's Head of Strategy, Markc Zeller, and former Sushiswap CEO, 0xMaki.

Octav is a free and editable data analysis platform designed to help track DeFi investment activities. The platform aims to provide users with valuable insights into the rapidly growing DeFi market, enabling them to make informed investment decisions.