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RISE Chain - Seed
Overview
Funding Date
September 16, 2024
Financing amount
$3.2M
Valuation
--
Category
Subcategory
About RISE Chain - Seed
RISE, the Gigagas Layer 2, has raised a seed round of $3.2 million. The round was finalized last month, and is led by Finality Capital with participation from Orange DAO, DACM, Ether.Fi Ventures, P2 Ventures, MH Ventures and Public Works. Angel investors include Vitalik Buterin, Stani Kulechov, Anthony Sassano aka sassal.eth, and DCF GOD as well as several prominent web3 founders.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | -- | -- | 29 | -- | ||
| DAO | -- | -- | 50 | -- | ||
| Uncategorized | Unknown | -- | 5 | -- | ||
| Fund | Unknown | -- | 10 | -- | ||
| Fund | Unknown | -- | 67 | -- | ||
| Fund | Unknown | -- | 15 | -- | ||
| Angel Investor | Canada | -- | 11 | -- | ||
| Angel Investor | United Kingdom | -- | 54 | -- | ||
| Angel Investor | Australia | -- | 26 | -- | ||
| Angel Investor | Unknown | -- | 14 | -- |
Company Profile / Project Introduction
RISE is the Gigagas Layer 2, aiming to unlock a new generation of Gigagas applications. The RISE stack offers throughput in excess of 1 billion gas per second; it's able to achieve this stepwise technology improvement by tackling execution and state access, including pevm - the fastest public EVM execution engine, Continuous Execution, Versioned Merkle Tree, and RiseDB. The future of Web3 will be built on RISE.