Context: This article was published 1/11/24. We’ve raised more since then and launched Beta V1. Umoja, founded by Robby Greenfield, the former Head of Social Impact at ConsenSys, has raised $2M from the likes of Quantstamp, Blockchain Founders Fund, Orange DAO, Hyperithm, Psalion, and Blizzard the Avalanche Fund among others. This funding helps to introduce DeFi’s first asset risk management primitive, enabling anyone to insure their market losses just as a multi-billion dollar hedge fund wou...