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LightLink - Seed
Overview
Funding Date
February 6, 2024
Financing amount
$4.5M
Valuation
--
Catagory
Subcategory
About LightLink - Seed
Layer 2 startup LightLink has secured $4.5 million of seed funding in a round led by Thai media company T&B Media Global and real estate developer MQDC.
LightLink's technology will help support a "multiverse project" called Translucia that "blends the virtual and physical worlds" and is backed by $300 million in funding from T&B Media Global MQDC. Other investors in the seed round included JellyC, Aweh Ventures, Blue7 and B3V.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | Thailand | -- | 2 | -- | ||
| Corporate | Thailand | 1994 | 1 | -- | ||
| Fund | Australia | 2021 | 2 | -- | ||
| Corporate | Unknown | -- | 1 | -- | ||
| Fund | -- | -- | 3 | -- | ||
| Corporate | Singapore | 2016 | 2 | -- |
Founders & Team
Roy Hui
Company Profile / Project Introduction
LightLink is an Ethereum Layer 2 blockchain that lets dApps and enterprises offer users instant, gasless transactions. Integrating optimistic rollups with its proprietary stack, LightLink potentially offers a transaction throughput more than 400 times Ethereum's, ensuring unmatched scalability and a streamlined user experience. LightLink's novel Enterprise Mode enables businesses to operate gas-free, allowing users on their platforms to engage in a secure, user-friendly blockchain network without transaction fees, barriers to entry, or the need for any tokens.