Key Highlights
Pump.fun led a $1 million pre-seed round in Pumpcade, with participation from Foundation Capital and angel investor RadioSolace.
Pumpcade is building short-duration prediction markets that resolve in 60 seconds to 30 minutes using official APIs and other deterministic data sources.
The company said the new funding will be used to grow its engineering team and prepare for a move out of private beta.
Pump.fun has led a $1 million pre-seed round in Pumpcade, a startup building prediction markets designed to sit inside livestream chats and other online surfaces rather than on a standalone trading site. Foundation Capital and angel investor RadioSolace also joined the round.
Pumpcade plans to use the money to expand its engineering team and support its go-to-market push as it works toward leaving private beta.
The product is built around short-lived markets. Users can create markets that resolve in as little as 60 seconds and up to 30 minutes, with outcomes tied to official APIs or other deterministic data feeds. That setup is meant to cut down on disputes and long settlement windows.
The platform supports markets tied to crypto, stocks, sports, traffic, and other real-time data. It has been in private beta since January, with about 500 users creating thousands of testnet markets, and that open beta and mainnet launches are expected in the second quarter.
