Seed Round
Funding Details
Hyperlane is a permissionless interoperability protocol designed to facilitate cross-chain communication across various blockchain environments. It enables seamless message passing and asset transfers between over 150 blockchains and 5 virtual machines, promoting open interoperability for decentralized applications. This funding will be used to further develop the protocol and expand its capabilities, making it easier for developers to build interconnected applications. The seed funding round was led by Variant, with participation from notable investors including GalaxyHQ, CoinFund, and BlockdaemonHQ. The investment aims to enhance Hyperlane's infrastructure and support its mission to create a more interconnected blockchain ecosystem.
Confidence Score
Participating Investors
Variant Fund is an early-stage venture capital firm focused on investing in web3 technologies and projects that aim to transform the internet by turni...
GalaxyHQ is a venture capital firm focused on investing in innovative companies that are building an onchain future across crypto protocols, software ...
CoinFund is one of the world's most experienced cryptonative investment firms, focusing on pioneering investment strategies in blockchain and cryptocu...
Blockdaemon is a blockchain infrastructure company that provides node management and deployment services, acting as a gateway to the decentralized eco...
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