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Layer N - Seed
Overview
Funding Date
September 13, 2023
Financing amount
$5M
Valuation
--
Catagory
Subcategory
About Layer N - Seed
Layer N has raised $5 million in Seed funding round co-led by Founders Fund and dao5. Other investors included Kraken and Spencer Noon.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2005 | 35 | submissions@foundersfund.com | ||
Fund | United States of America | 2022 | 37 | -- | ||
Corporate | -- | -- | 41 | -- | ||
Angel Investor | United States of America | -- | 7 | -- |
Founders & Team
Dima Romanov
Company Profile / Project Introduction
Layer N is a novel layer 2 specifically designed for financial applications on Ethereum—and aims to rival existing traditional financial networks. Developers can build applications on Layer N, either in a custom execution environment or on the public EVM instance, at much lower execution latencies, higher throughput, negliable transaction fees, and with full composability between rollups.