October 21, 2021 Sommelier raises $23M.

Automated DeFi trading protocol Sommelier has raises $23M in a funding round closed this week. The round was led by Polychain Capital, with participation from Alameda Ventures, Zola Ventures, Byzantine Ventures, and Tendermint Ventures. The project is led by Zaki Manian, former lead developer of Cosmos and Tendermint.