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MagicBlock - Pre-Seed
Overview
Funding Date
September 18, 2024
Financing amount
$3M
Valuation
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Catagory
Subcategory
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About MagicBlock - Pre-Seed
MagicBlock has raised $3 million in Pre-Seed funding round backed by Andreessen Horowitz (a16z) . With the new funding, MagicBlock aims to expand its team, developer outreach and technology development. This raise is a testament to the growing demand for truly decentralized, high-performance applications in the web3 industry.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2009 | 143 | businessplans@a16z.com |
Founders & Team
Andrea Fortugno
Company Profile / Project Introduction
MagicBlock is a network on top of Solana for building a new type of games and consumer applications that are open, decentralized and unstoppable. MagicBlock accelerates and extends Solana's capabilities while preserving composability.