Seed Round
Funding Details
Espresso Systems is a strong Layer 2 (L2) interoperability solution that enhances blockchain scalability and connectivity, enabling seamless transactions across different blockchain networks. The platform aims to bridge the gap between various blockchain ecosystems, facilitating faster and more efficient transactions while maintaining security and decentralization. Espresso Systems leverages advanced cryptographic techniques and innovative consensus mechanisms to ensure high throughput and low latency, making it an ideal choice for developers and enterprises looking to build scalable decentralized applications. The platform is designed to support a wide range of applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs), and aims to foster a more interconnected blockchain ecosystem.
Confidence Score
Participating Investors
a16z crypto is a venture capital fund that has been investing in crypto and web3 startups across all stages since 2013. The fund is part of Andreessen...
Leading global venture capital firm focusing on technology investments, Sequoia Capital has a rich history of partnering with innovative companies fro...
Electric Capital is a venture capital firm focused on investing in cryptocurrency and blockchain technology. They aim to support the next generation o...
Greylock Partners is a leading venture capital firm based in Silicon Valley, known for its early investments in technology companies that have become ...
Coinbase Ventures invests in exceptional founders who share Coinbase's mission of creating more economic freedom for the world. They focus on advancin...
Polychain Capital is a San Francisco-based venture capital firm that manages a cryptocurrency hedge fund of actively managed blockchain digital assets...
Blockchain Capital is a venture capital firm that invests in blockchain-enabled technology companies and supports crypto builders since 2013.
a16z Crypto Startup Accelerator (CSX) connects founders with capital, a network of industry experts, and a cohort of leading web3 teams. The program f...
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