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Celestia(LazyLedger) - Seed
Overview
About Celestia(LazyLedger) - Seed
Blockchain project LazyLedger Labs has secured $1.5 million in a seed funding round. The round was backed by Interchain Foundation, Binance Labs, Maven 11, KR1, Signature Ventures, P2P Capital, and several other participants. With fresh capital at hand, LazyLedger aims to grow its engineering team (currently three members), co-founder Mustafa Al-Bassam said. The hirings will help LazyLedger launch its testnet by the end of this year and mainnet by the end of 2022, said Al-Bassam.
LazyLedger rebranded to Celestia. Detail: https://blog.celestia.org/lazyledger-is-now-celestia/
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Foundation | Switzerland | 2017 | 5 | hello@interchain.io | ||
| Fund | Malta | 2018 | 142 | -- | ||
| Fund | Netherlands | 2015 | 62 | joost@maven11.com | ||
| Fund | United Kingdom | 2016 | 24 | -- | ||
| Fund | Germany | 2019 | 5 | -- | ||
| Fund | United States of America | 2014 | 11 | hi@p2pcap.com |
Founders & Team
Mustafa Al-Bassam
Ismail Khoffi
John Adler
Company Profile / Project Introduction
Celestia is a unique layer 1 blockchain whose only job is to order transactions and verify that the published data is available. This allows specialized blockchains for hosting applications to deploy on top of it. By taking this approach, Celestia achieves properties of scalability, flexibility and interoperability unmatched by previous blockchain designs.