EspressoSys
About EspressoSys
Espresso Systems is a strong Layer 2 (L2) interoperability solution that enhances blockchain scalability and connectivity, enabling seamless transactions across different blockchain networks.
Business Information
Target Customers
Industry Categories
Business Model
Funding Timeline
| Round | Date | Amount | Investors |
|---|---|---|---|
| Seed | May 05, 2025 | $60.0M | a16zcrypto, Sequoia Capital, @ElectricCapital +5 more |
| Series B | Jan 01, 2024 | $28.0M | a16z Crypto Startup Accelerator (CSX), Polygon Labs, StarkWare +1 more |
| Seed | Jan 01, 2022 | Undisclosed | Unknown |
Founders
No founder information available.
Investors
@ElectricCapital
Venture Capital
Blockchain Capital
Venture Capital
Coinbase Ventures
Venture Capital
Greylock
Venture Capital
Offchain Labs
Venture Capital
Polychain Capital
Venture Capital
Polygon Labs
Corporate
Sequoia Capital
Venture Capital
StarkWare
Corporate
a16z Crypto Startup Accelerator (CSX)
Venture Capital
a16zcrypto
Venture Capital
a16zcrypto CSX
Venture Capital
Recent Mentions
In 2024, @EspressoSys raised $28 million in a Series B funding round led by a16z Crypto, with participation from Polygon Labs, StarkWare, and Offchain Labs. I wonder why no one is talking about them. Espresso Systems is a strong Layer 2 (L2) interoperability solution because https://t.co/ieAL3y57Q4
So @EspressoSys has raised a total of $60M in funding backed by tier 1 VCs like @a16zcrypto and co. $2M in seed rounds, $30M in series A and $28M in series B. They have announced 'The Composables' their OG NFT collection and some of the WL criterias. I'll definitely be showing https://t.co/7N7mbmfrG2
Exciting news for blockchain fans @EspressoSys is revolutionizing Ethereum's L2 landscape with their Espresso Sequencer, powering fast, secure cross-chain confirmations for rollups. With $28M raised in their Series B led by @a16zcrypto, they’re scaling decentralization with 100
→ Fundraising Espresso has raised $60M total Seed led by Sequoia, Electric Capital, Greylock, Coinbase Ventures, Polychain, Blockchain Capital; Series B led by a16z https://t.co/Npsl5qWWnR
@EspressoSys raised $60M to fix Ethereum L2 interop ☕ Seed (Mar 2022, $32M) led by Sequoia, Electric Capital, Greylock ☕ Series B (Mar 2024, $28M) led by @a16z. Coinbase Ventures, Polychain, +9 others in Big bets on L2 interop Why? Espresso’s solving slow L2 comms (15+ mins https://t.co/ex2mHtGs2R
Fundraising Espresso has attracted $60M in investments The seed round was led by giants: Sequoia, Electric Capital, Greylock, Coinbase Ventures, Polychain, and Blockchain Capital. Series B led by the legendary a16z. https://t.co/dLbvtwROCy
We minted Espresso @EspressoSys official NFT The Composables few days ago and total supply is 5000 Espresso raised its seed round back in 2022 and yes probably they will finally launch sometime this year (probably late Q3) if they decide to reward holders with airdrop how much https://t.co/8jKdTjqbUB https://t.co/7iTfHf5Fm2
We minted Espresso @EspressoSys official NFT The Composables few days ago and total supply is 5000 🔥 Espresso raised its seed round back in 2022 and yes probably they will finally launch sometime this year (probably late Q3) if they decide to reward holders with airdrop how https://t.co/4ufUvnyEKZ
→ Fundraising Espresso has raised $60M total Seed backed by Sequoia, Electric, Greylock Series B led by a16z + Coinbase, Polychain, Blockchain Capital https://t.co/RsQ22RXRAR
Why I bought @EspressoSys nft? Espresso raised its seed round back in 2022 and yes probably they will finally launch sometime this year (probably late Q3) if they decide to reward holders with airdrop how much could per NFT let we calculate if Espresso launches with $1B FDV
Similar Startups
No similar startups found.