Permian Labs was founded in 2021 by David Choi, Conor Moore and Ivan Sergeev and has raised $25m in funding from prominent venture capital funds such as DCG, Dragonfly, Ethereal, Metaversal, Nascent, Caladan, Alliance, Delphi, Fintech Collective and others.
Since inception, Permian Labs has facilitated $358m in loan volume. Permian’s hardware infrastructure arm, Tactical Compute, actively operates $60m in compute oriented hardware globally.
