SatLayer
About SatLayer
a Bitcoin restaking platform
Business Information
Industry Categories
Funding Timeline
Round | Date | Amount | Investors |
---|---|---|---|
Seed | May 28, 2025 | $6.0M | a16zcrypto CSX, Gumi Cryptos, The Spartan Group +1 more |
Pre-Seed | May 14, 2025 | $8.0M | CastleIslandVC, Hack VC, FTI_DA +17 more |
Founders
founder_name_placeholder
Founder & CEO
Luke Xie
Founder & CEO
Investors
0xMantleEco Fund
Venture Capital
Amber Group
Corporate Venture Capital
AmberGroup_io
Corporate Venture Capital
ArkStream
Venture Capital
Babylon
Corporate
Big Brain Holdings
Venture Capital
Bing
Venture Capital
Bloccelerate
Venture Capital
CMS Holdings
Venture Capital
Castle Island Ventures
Venture Capital
CastleIslandVC
Venture Capital
Delphi Ventures
Venture Capital
FTI_DA
Venture Capital
Finality Capital
Venture Capital
Franklin Templeton
Asset Management
Gumi Cryptos
Venture Capital
Hack VC
Venture Capital
Mirana Ventures
Venture Capital
OKX Ventures
Corporate Venture Capital
OKX_Ventures
Corporate Venture Capital
The Spartan Group
Venture Capital
UTXOmgmt
Venture Capital
a16zcrypto CSX
Venture Capital
mirana_vc
Venture Capital
Recent Mentions
➥ @SatLayer’s Cube introduces liquid staking for BABY, letting users earn rewards while keeping funds active—built on the Babylon Genesis Mainnet launched in April 2025. • The project raised $8M in a pre-seed round in August 2024, backed by Franklin Templeton and OKX Ventures, https://t.co/pnU14mQcbp https://t.co/4we4q0vY4I
GM GM Crypto Twitter Let me take you on the top 6 major milestones achieved by @satlayer so far SatLayer, a Bitcoin security infrastructure startup founded in 2024, has been making waves recently: 1️⃣ Funding Boost: In August 2024, SatLayer secured $8M in a pre-seed round led
@IBadmos47863 @satlayer Bitcoin restaking is heating up 🔥 @satlayer just: 🔁 Integrated Sui 💧 Launched Cube (liquid staking on Babylon) 📊 Dropped a Kaito leaderboard 💰 Raised $8M pre-seed BTC finally entering its DeFi era. Builders, it’s your cue 👇
SatLayer recently announced our $8M pre-seed fundraise and now, it’s time to unveil the details on Season 1 Epoch 2. TLDR of SatLayer Satlayer is the universal security layer that maximizes the power of Bitcoin. By deploying as a set of smart contracts on Babylon, Satlayer
SatLayer, a Bitcoin restaking platform built on the Babylon protocol, has successfully raised $8 million in an oversubscribed pre seed funding round. The round was co led by Hack VC and Castle Island Ventures, with participation from prominent investors including Franklin https://t.co/K9fdYhuJTZ
@l40x0 That's a strong start for SatLayer—raising $8M in an oversubscribed pre-seed round shows serious investor confidence. Excited to see how they push forward with Bitcoin restaking on Babylon!
@IBadmos47863 @satlayer @redstone_defi @plumenetwork SatLayer raised $8 million in a pre-seed round led by prominent crypto investors such as Hack VC, Castle Island Ventures, OKX Ventures, Mirana Ventures, and Franklin Templeton.
@SatLayer has joined the Kaito Pre-TGE Yapper Leaderboard! SatLayer is revolutionizing Bitcoin's role in DeFi by enabling restaking through Bitcoin Validated Services (BVS), providing modular security for dApps and protocols. Backed by an $8M pre-seed round led by Hack VC and
@koolcryptovc The Satlayer protocol raised $8M in a pre-seed round on August 22, 2024, from investors like Hack VC and Castle Ventures, with over $250M staked since its Babylon launch, reflecting strong market trust in its Bitcoin Validated Services (BVS) model.
5/ Community & Growth: SatLayer raised $8M in pre-seed funding and launched its devnet for builders. Join the Yapper Program on Kaito to earn rewards by sharing about #SatLayer. Get involved: https://t.co/vnyZ3R92t8
Do you know that @satlayer, a Bitcoin restaking platform, successfully raised $8 million in its pre-seed funding round? The fundraising began in April 2024 and was quickly oversubscribed, ultimately closing on August 22, 2024. The round was co-led by @hack_vc and Castle https://t.co/mNvhBfcJ4d
@blackcap_eth @satlayer SatLayer, a Bitcoin Validated Service (BVS) on the Babylon ecosystem, raised $8 million in a pre-seed round led by Franklin Templeton, with investors like OKX Ventures and Castle Island Ventures, signaling strong institutional confidence in Bitcoin's role in decentralized finance
Breaking: @satlayer, built on @babylon_chain, has raised $8M in an oversubscribed pre seed round co led by @CastleIslandVC & @hack_vc. Backers include: @FTI_DA @OKX_Ventures @mirana_vc @ambergroup_io Big Brain, CMS, Mantle, UTXO, ArkStream, Finality, Bing, Bloccelerate https://t.co/KgJaXshOY7
@lizmoneyweb @Lombard_Finance It’s very advisable to restake $LBTC on SatLayer, a Bitcoin restaking platform built on Babylon, which raised $8 million in pre-seed funding in August 2024, allowing users to secure decentralized apps and earn extra tokens with a $277M TVL across chains like Ethereum and Sui.
I don't know why some of the Kaito Yappers are not bullish on SatLayer yet. But that might be another opportunity for small creators to eat big. Maybe you don't know they raised $8 million in their pre-seed funding round, co-led by Hack VC and Castle Island Ventures, with https://t.co/5iqjgmWF8n
SatLayer’s backers are really impressive They have built a Bitcoin restaking platform with giants like Hack VC, Castle Island, Franklin Templeton, OKX Ventures. They raised $8M pre seed funding and are integrating BTC into their PoS system with Babylon infrastructure. Modular https://t.co/RsVlLcTtid
@yuccci1 SatLayer, a Bitcoin restaking protocol, is backed by major investors like Castle Island Ventures, Hack VC, Franklin Templeton, and OKX Ventures, signaling strong industry confidence in its vision to expand Bitcoin’s utility beyond passive holding. SatLayer’s $8M pre-seed round
@grindor_001 @satlayer Always preach SatLayer, a Bitcoin restaking platform that raised $8 million in pre-seed funding in 2024, aiming to reward users with points potentially convertible to tokens, as noted by co-founder Luke Xie in The Block.
@Zek_eth @KaitoAI SatLayer, a Bitcoin restaking platform built on the Babylon protocol, raised $8 million in a pre-seed round in August 2024, aiming to make Bitcoin a core collateral asset for securing decentralized applications, as noted by co-founder Luke Xie in The Block.
@king_obuks @satlayer They raised $8m in pre seed funding round. You restake to gain Sat2 points
@satlayer is a layer 1 blockchain that enables restaking of Bitcoin, By deploying a smart contract on Babylon network. Satlayer enables BTC stakers to stake any blockchain of their choice. ✅ Funding :- Satlayer raised $8m in pre seed round. @satlayer is in season 1 Epoch 2 https://t.co/iem6zR4ZEC
@satlayer is a layer 1 blockchain that enables restaking of Bitcoin, By deploying a smart contract on Babylon network. Satlayer enables BTC stakers to stake any blockchain of their choice. ✅ Funding :- Satlayer raised $8m in pre seed round. @satlayer is in season 1 Epoch 2 https://t.co/oxETrpqH2J
5. Significant Adoption and Funding: • SatLayer raised $8 million in a pre-seed round in August 2024, co-led by Hack VC and Castle Island Ventures, with participation from Franklin Templeton, OKX Ventures, and others, signaling strong investor confidence in its vision to
@ShinyNfts @satlayer @SatLayerFDN SatLayer’s recent $8 million pre-seed funding round in August 2024, led by Hack VC and Castle Island Ventures, underscores its growing traction, positioning it as a pioneer in Bitcoin Layer 2 solutions using the BitVM paradigm, per The Block’s coverage.
Satlayer Recent Developments: Raised $8 million in pre-seed funding (Aug 2024) Launched devnet with OKX Wallet campaign (Nov 2024) Integrated with Berachain Boyco, boosting TVL to over 3,180 BTC Introduced Cube for $BABY token liquid staking (Apr 2025) Joined The Summoning https://t.co/0I309Kflfu
🐈⬛🐈⬛ The team behind SatLayer is seriously impressive. Backed by heavyweights like Hack VC Castle Island Franklin Templeton and OKX Ventures they’re making waves in Bitcoin restaking. With $8M raised in pre-seed funding they’re integrating BTC into their PoS system using Babylon https://t.co/u6egb62sKb
@akay8372 Bitcoin retaking scene gains a new player: @satlayer Modular on Babylon, capital strong, vision clear. $8M pre seed round no coincidence. Could BTC finally be evolving towards PoS?
@satlayer VC funding Pre - seed fundraising, the project raised $8m Source : Cryptorank
🚀 AI x Gaming: #LAYER Secures $6M+ to Reshape Game Development @layer_ai just raised over $6M in a seed round led by @a16z and backed by investors like Gumi, Spartan, and Delphi. Their mission? To empower game studios with AI-native tools that streamline workflows, cut https://t.co/ZHoOLsADy7
Babylon Labs raised $70M from top VCs (including Paradigm) in May 2024, and SatLayer itself closed an $8M pre-seed round (co-led by Castle Island and Hack VC, with Franklin Templeton participating) . Even Binance is launching a Bitcoin staking product via its On-Chain Yields
@Seymirel @satlayer SatLayer, which raised $8 million in pre-seed funding in August 2024, enables users to restake Bitcoin and liquid-staking tokens to secure Bitcoin-validated services (BVSs), tapping into idle Bitcoin holdings for additional yield, distinct from Ethereum-based restaking protocols
@Telloo55 @satlayer @Lukex The pre seed round was the beginning of everything gpod on the blockchain Satlayer is here to build
@satlayer is pioneering Bitcoin restaking, bringing BTC into the DeFi world. Built on the Babylon protocol, it allows BTC holders to earn additional rewards. Their recent $8M pre-seed funding round shows strong investor confidence. 5. Co-led by Hack VC and Castle Island
@Annnkkyyyy @satlayer In August 2024, SatLayer raised $8 million in a pre-seed funding round co-led by Hack VC and Castle Island Ventures, with participation from Franklin Templeton, OKX Ventures, and others. The oversubscription of the funding round indicates strong market interest in enabling
6/ Funding Milestone In August 2024, SatLayer secured $8 million in a pre-seed funding round led by Castle Island Ventures and Hack VC, with participation from Franklin Templeton Digital Assets, OKX Ventures, and others. https://t.co/xj6KbZ2RfQ
6/ 💰 Funding Update In August 2024, SatLayer raised $8M in pre-seed funding, backed by: • Castle Island Ventures • Hack VC • Franklin Templeton Digital Assets • OKX Ventures …and more. A strong start with serious support. https://t.co/4bmH59e0pH
@mimsz0 SatLayer raised $8 million in a pre-seed funding round co-led by reputable venture capital firms Hack VC and Castle Island Ventures. Other notable investors include Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, CMS Holdings, and angel investors from firms like
@Candycripto @satlayer Built on Babylon’s staking protocol, SatLayer has raised $8 million in pre-seed funding (as of August 2024) and plans to expand integrations with networks like Ethereum and Berachain, aiming to redefine Bitcoin as a foundational asset for DeFi ecosystems.
@thiagoyukiom1 @satlayer Satlayer pre-seed round has solid record.
Satlayer is making Bitcoin programmable , turning it into a security layer for dApps. Built on Babylon, integrated with Sui, powered by restaking. 🔸 Stake BTC or LSTs → secure BVS (apps) 🔸 Earn points + future rewards 🔸 57K+ BTC committed (~$6B) (Raised $8M pre-seed in Aug https://t.co/4DK0MhBXuE
🟨 What is @satlayer? It’s making Bitcoin programmable turning it into a security layer for decentralized apps. Built on Babylon. Integrated with Sui. Powered by restaking. 📷 Stake BTC or LSTs → secure BVS apps 📷 57K BTC committed (~$6B) 📷 Raised $8M pre-seed (Aug https://t.co/PFjc2Fpl28
@ErnestBukas @satlayer SatLayer's $8M pre-seed funding round, announced on June 9, 2025, leverages Babylon's Bitcoin staking protocol, marking a pioneering shift toward Bitcoin restaking, a process that could unlock $1 trillion in dormant BTC value by 2030
BIG MOVE IN BITCOIN RESTAKING THAT YOU MIGHT HAVE MISSED This is a reminder that @satlayer secured a MASSIVE $8M pre-seed raise, and it’s backed by some of the most powerful names in crypto! Led by: 💥 Hack VC 💥 Castle Island Ventures Who’s in the room? 👇 Franklin https://t.co/KuYZQCj3w6
@Telloo55 @Lukex I’m super confident on SatLayer, a pioneering Bitcoin restaking platform built on Babylon, which recently raised $8 million in pre-seed funding (August 2024, The Block), enabling even small holders (0.001 BTC ≈ $60) to earn yield by staking and restaking Bitcoin or liquid
@satlayer is revolutionizing Bitcoin role in DeFi by enabling native $BTC restaking on Babylon. Users can secure dApps and earn yields without risky bridges with over $250M staked and an $8M pre-seed round backed by Franklin Templeton and other big names. The future of https://t.co/ZHEnyujNus
@danbabam2 @Lukex I have big confidence on SatLayer's innovative Bitcoin restaking platform, built on the Babylon protocol, which raised $8 million in pre-seed funding in August 2024, enabling BTC holders to earn yields through Proof-of-Stake and other incentives, shifting Bitcoin from a static
@sozdetrader @satlayer Satlayer builds on Babylon’s 2024 breakthrough, where it raised $8 million in pre-seed funding to integrate Bitcoin into proof-of-stake networks, enhancing DeFi security by leveraging BTC’s $1.3 trillion market cap as collateral
Gm Gm guys Today I want you to just look at @satlayer Raised 8m in pre seed and they are rewarding yappers You should definitely yap all day about satlayer https://t.co/NTjNrZPhT7
@Doumtrader6655 @satlayer I’m confident on SatLayer, a pioneering Bitcoin restaking platform built on the Babylon protocol, which raised $8 million in pre-seed funding in August 2024 from investors like Hack VC and Franklin Templeton, enabling idle Bitcoin to earn yields across networks like Sui through
@Telloo55 @Lukex SatLayer, a BTC re-staking platform, raising $8M in pre-seed funding led by Castle Island Ventures and Hack VC, with participation from notable investors like Franklin Templeton and OKX Ventures, signaling strong early confidence in its potential to enhance Bitcoin's ecosystem
@Crypt0Goody Confident on the "SatLayer x Pulsar Money Bitcoin Restaking Challenge," a campaign leveraging SatLayer's innovative Bitcoin restaking platform, which raised $8 million in pre-seed funding in August 2024 by integrating Bitcoin with Babylon’s staking protocol, a move that
@Telloo55 @Lukex Yes, I agree. Satlayer is a bit overlooked. They raised $8M in the Pre-Seed round, so maybe a new round will come. Also, you can farm "Sats²" points by creating content on Kaito or staking BTC or LST tokens. The earlier you start, the better.
Big news for @SatLayer ! They raised $8M in pre-seed funding to supercharge #Bitcoin restaking. Backed by Hack VC, Franklin Templeton, and more. The future is bright! #SatLayer #CryptoFunding https://t.co/PS90iZXM1h
SatLayer is revolutionizing Bitcoin's potential! By enabling BTC restaking on Babylon, it transforms Bitcoin into a programmable asset, securing dApps as Bitcoin Validated Services (BVS). With $8M raised in pre-seed funding, @satlayer is building a decentralized future backed https://t.co/sm2az9fRT5
SMALL ACCOUNTS, ASSEMBLE I feel like Satlayer isn’t getting enough attention yet, even though they raised $8M in their pre-seed round. Wouldn’t be surprised if another funding round is coming soon. 👀 Meanwhile, you can start stacking up Sats² points by: 📌 Creating content https://t.co/2PuVmdhSBL
SatLayer is revolutionizing Bitcoin's potential! By enabling BTC restaking on Babylon, it transforms Bitcoin into a programmable asset, securing dApps as Bitcoin Validated Services (BVS). With $8M raised in pre-seed funding, @satlayer is building a decentralized future backed https://t.co/sKMW7ChaKq
Backed by an $8M pre-seed from Hack VC, Franklin Templeton & more. Team’s MIT/Stanford vets led by Luke Xie. They’re tossing $50K grants to devs building on SatLayer!
3/ SatLayer raised $8M in pre-seed funding led by Hack VC & Castle Island Ventures, with backing from Franklin Templeton, OKX Ventures, and others—fueling its mission to make BTC the backbone of DeFi. 💰 Read more
Did you know that @satlayer raised $8 million in a pre-seed funding round in August 2024, led by Hack VC and Castle Island Ventures. Other investors included: Franklin Templeton Investments, OKX Ventures, Mirana Ventures.
Incase you never come across this @satlayer Raised $8M in a pre-seed round in August 2024, led by Hack VC and Castle Island Ventures, with investors like Franklin Templeton and OKX Ventures. Tell me why you won't be more than hyped and bullish on $SAT 🔥 🔥 https://t.co/wX0rAsTWNS
Satlayer has partnerships, such as with Babylon, and supports platforms like Ethereum and Sui. SatLayer also offers a developer devnet and has raised $8 million in pre-seed funding, And you not going to yap Anon, Gsat https://t.co/JK7PhNKV1s
SatLayer, a Bitcoin restaking platform built on Babylon, just raised $8M in pre-seed funding! Stake your BTC, secure dApps, and earn rewards. Backed by Castle Island Ventures, Hack VC, and more. @satlayer #Satlayer @KaitoAI https://t.co/auA1cNjvpB
@CreamyGracei @KHomeez @satlayer BVS developers, and operators in a marketplace that enhances network security while unlocking new use cases like on-chain insurance and liquidity provisioning. With $8 million raised in a pre-seed round led by Hack VC and Castle Island Ventures, SatLayer’s vision is backed by
SatLayer raised $8,000,000 in a pre-seed round ...but here's the part people miss: it was massively oversubscribed! @Lukex raised double their initial target of $4m but said there was as much as $16 million in potential seed capital from interested parties https://t.co/DlKkmw96HR
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Other Data Sources
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Apr 20, 2025Exa Enrichment History
1Fields Updated
Enrichment Details
- Description
- a Bitcoin restaking platform
- Enrichment History
-
- {'updated_at': '2025-04-24T18:35:15.033536', 'fields_updated': {'description': True}, 'query_used': 'SatLayer company business model funding', 'sources_count': 5}
Source URLs
- https://www.crunchbase.com/organization/satellogic/company_financials
- https://www.crunchbase.com/organization/synspective-inc
- https://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/
- https://techcrunch.com/2023/08/07/array-labs-is-scanning-the-earth-from-space-to-power-autonomous-vehicles-with-3d-maps/
- https://techcrunch.com/2015/05/04/everylayer-wants-to-help-bring-affordable-broadband-everywhere/