BlockBeats news, on August 15, according to CoinDesk, Chaos Labs, a blockchain risk analysis service provider, completed a $55 million Series A financing round, led by Haun Ventures, with participation from F-Prime Capital, Slow Ventures and Spartan Capital, as well as Lightspeed Venture Partners, Galaxy Ventures and PayPal Ventures.

Chaos Labs was founded in 2021 to meet the growing demand for automated risk management in decentralized finance (DeFi).