According to an official announcement, perpetual futures exchange QFEX has completed a $9.5 million seed funding round, led by Yuri Sagalov of General Catalyst, with participation from Paul Graham, Y Combinator, and others. Other investors include Nexus Ventures, Moonfire Ventures, Goodwater Capital, Liquid2 Ventures, 468 Capital, and Ritual Ventures, as well as angel investors. It is understood that QFEX's team members come from several top quantitative trading firms, including Citadel, Jump Trading, Optiver, Jane Street, Tower Research Capital, and Flow Traders.