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Lagrange Labs - Seed
Overview
Funding Date
May 8, 2024
Financing amount
$13.2M
Valuation
--
Category
About Lagrange Labs - Seed
Peter Thiel's Founders Fund led a $13.2 million seed funding round into Lagrange Labs, a cryptography startup based on Ethereum's EigenLayer restaking platform. In addition to Founders Fund, Lagrange's seed round included participation from Archetype Ventures, 1kx, Maven 11, Fenbushi Capital, Volt Capital, CMT Digital, Mantle Ecosystem.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2005 | 36 | [email protected] | ||
| Fund | Japan | -- | 3 | -- | ||
| Fund | Netherlands | 2017 | 83 | -- | ||
| Fund | Netherlands | 2015 | 69 | [email protected] | ||
| Fund | China | 2015 | 107 | [email protected] | ||
| Fund | United States of America | 2020 | 35 | [email protected] | ||
| Fund | United States of America | 1997 | 106 | [email protected] | ||
| Foundation | Unknown | -- | 15 | -- |
Founders & Team
Ismael Hishon-Rezaizadeh
Company Profile / Project Introduction
Lagrange Protocol is a cross-chain infrastructure that enables the creation of generalized state proofs across all major blockchains. Applications that integrate with the Lagrange Protocol can enable applications submit aggregated proofs of multi-chain states that can be verified in a non-interactive fashion by contracts on other chains. Lagrange's work could entice more users to decentralized finance (DeFi) by allowing developers to build decentralized apps (dApps) that can operate across different blockchain simultaneously while alleviating the security threat that this may otherwise bring.