Aave Labs (Avara)
Aave Labs (Avara) is a DeFi & RWA company founded in 2017 and based in London, United Kingdom. It has raised $56M in total funding, most recently a Venture (Lens) in 2024.
Avara, led by founder and CEO Stani Kulechov, is the London-based software company that develops the Aave decentralized lending protocol, the over-collateralized GHO stablecoin, the Lens web3 social protocol, and the Family crypto wallet. Aave is among the largest DeFi lending markets by deposits, having grown to multi-billion-dollar scale, and generated roughly $885 million in protocol fee revenue in 2025. In December 2024 the team raised $31 million led by Lightspeed Faction to build Lens, its high-performance chain for consumer applications. An SEC probe into the company has ended, and in December 2025 the team unveiled its "2026 Master Plan" centered on Aave V4 and the Horizon RWA platform; in April 2026 governance voted to fund AAVE buybacks and direct 100% of protocol revenue to the DAO.
Aave is one of the foundational money markets of DeFi, and Avara's stablecoin and social bets extend it toward consumer-facing crypto.
aave.com ↗·DeFi & RWA·
United Kingdom·private 
