Through its subsidiaries, publicly traded, Germany-based blockchain incubaor [Advanced Blockchain AG](https://en.advancedblockchain.com/) incubated Composable Finance on the technical side and provided the intellectual property for Composable. During this period, Cosmin Grigore was the Lead Developer on the project. This incubation was completed alongside top-tier Web 3.0-focused venture capital firm [Rarestone Capital](https://rarestone.capital/), which assisted with product strategy and rollout for Composable Finance. Subsequently, Composable Finance was spun out, retaining Cosmin as its CEO. Advanced Blockchain also reinvested into Composable.
Composable Finance recently completed a $7 million raise led by Advanced Blockchain AG and Rarestone Capital, with participation from Divergence Ventures, New Form Capital, DFG, Maven 11, 4SV, Hypersphere Ventures, Blockchain Capital, PNYX Ventures, CMS Holdings, Alameda Research, SOSV, Spartan Group, LedgerPrime, LongHash Ventures, Cluster, and Pluto Digital Assets.