---
title: "Alameda Research"
description: "Alameda Research was a cryptocurrency trading firm co-founded in September 2017 by Sam Bankman-Fried and Tara MacAulay. Operating as a quantitative trading firm specializing in cryptocurrencies, Alameda employed strategies including arbitrage, market making, yield farming, and trading volatility. The firm filed for Chapter 11 bankruptcy in November 2022 following a solvency crisis at its sister exchange FTX. During its active investment period from March 2021 to March 2022, Alameda Research deployed $91.5 million across five funding rounds in Africa, with a strong focus on the crypto and fintech sectors. The firm concentrated its investments in South Africa and Kenya, backing companies including VALR, a crypto trading platform; OVEX, a regulated crypto liquidity provider; Jambo, a crypto-focused Android phone manufacturer; and AZA Finance, a cross-border payments provider. Alameda's largest single investment was a $50 million Series B round in VALR in March 2022, demonstrating significant conviction in African cryptocurrency infrastructure."
canonical_url: "https://liners.com/investors/alameda-research"
markdown_url: "https://liners.com/investors/alameda-research.md"
type: "investor"
language: "en"
updated_at: "2026-03-27T06:43:12.224Z"
---

# Alameda Research

Alameda Research was a cryptocurrency trading firm co-founded in September 2017 by Sam Bankman-Fried and Tara MacAulay. Operating as a quantitative trading firm specializing in cryptocurrencies, Alameda employed strategies including arbitrage, market making, yield farming, and trading volatility. The firm filed for Chapter 11 bankruptcy in November 2022 following a solvency crisis at its sister exchange FTX. During its active investment period from March 2021 to March 2022, Alameda Research deployed $91.5 million across five funding rounds in Africa, with a strong focus on the crypto and fintech sectors. The firm concentrated its investments in South Africa and Kenya, backing companies including VALR, a crypto trading platform; OVEX, a regulated crypto liquidity provider; Jambo, a crypto-focused Android phone manufacturer; and AZA Finance, a cross-border payments provider. Alameda's largest single investment was a $50 million Series B round in VALR in March 2022, demonstrating significant conviction in African cryptocurrency infrastructure.

## Breadcrumbs

- [Investors](/investors)
- [Alameda Research](/investors/alameda-research)

## Summary

Alameda Research was a cryptocurrency trading firm co-founded in September 2017 by Sam Bankman-Fried and Tara MacAulay. Operating as a quantitative trading firm specializing in cryptocurrencies, Alameda employed strategies including arbitrage, market making, yield farming, and trading volatility. The firm filed for Chapter 11 bankruptcy in November 2022 following a solvency crisis at its sister exchange FTX. During its active investment period from March 2021 to March 2022, Alameda Research deployed $91.5 million across five funding rounds in Africa, with a strong focus on the crypto and fintech sectors. The firm concentrated its investments in South Africa and Kenya, backing companies including VALR, a crypto trading platform; OVEX, a regulated crypto liquidity provider; Jambo, a crypto-focused Android phone manufacturer; and AZA Finance, a cross-border payments provider. Alameda's largest single investment was a $50 million Series B round in VALR in March 2022, demonstrating significant conviction in African cryptocurrency infrastructure.

## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| VALR | /valr | Series B | 50000000 | 2022-03-01T00:00:00.000Z |
| OVEX | /ovex | Venture (Round not Specified) | 5000000 | 2022-01-01T00:00:00.000Z |
| AZA Finance | /aza-finance | Debt Financing | 25000000 | 2022-01-01T00:00:00.000Z |
| OVEX | /ovex | Venture (Round not Specified) | 4000000 | 2021-03-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

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- [Agent access guide](/llms.txt)