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      Initia's Logo

      Initia - Community Raise

      Overview Founders Company Profile / Project Introduction

      Overview

      Funding Date

      September 28, 2024

      Financing amount

      $2.5M

      Valuation

      --

      Category

      Infrastructure

      Subcategory

      Layer 1 Layer 2

      About Initia - Community Raise

      Initia has raised an additional $2.5 million Community Round — the first deal in The Echonomist. With over 800 participants, the round closed in just under two hours!

      Founders & Team

      Stan Liu's Logo

      Stan Liu

      Ezaan Mangalji's Logo

      Ezaan Mangalji

      Company Profile / Project Introduction

      Initia is a network for 0-to-1 omnichain rollups built by fusing a novel L1 with an interwoven application-specific L2 infrastructure system. The Initia Platform provides product ready rollups that enables teams to build scalable and sovereign systems while eliminating the UX complexities end users face when interacting with a modular multi-chain universe. Initia’s ownership of the full tech stack allows for a suite of chain-level mechanisms that align the economic interests across users, developers, L2 app chains, and the L1. 

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      *Fundraising Announcement: Click here