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SatLayer - Pre-Seed
Overview
About SatLayer - Pre-Seed
SatLayer has raised $8 million in a pre-seed funding round. Hack VC and Castle Island Ventures co-led the round, with Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings and others participating, SatLayer said Thursday. Undisclosed angel investors from firms including aPriori, LayerZero, Mantle Network, Magic Eden, Sui and Pendle also joined the round.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2017 | 78 | [email protected] | ||
| Fund | United States of America | 2018 | 56 | [email protected] | ||
| Fund | United States of America | 1947 | 28 | -- | ||
| Corporate | Hong Kong | 2017 | 146 | [email protected] | ||
| Fund | -- | -- | 85 | -- | ||
| Fund | Hong Kong | 2017 | 74 | [email protected] | ||
| Fund | United States of America | -- | 132 | -- | ||
| Fund | United States of America | 2019 | 155 | [email protected] | ||
| Corporate | -- | -- | 5 | -- | ||
| Corporate | Unknown | -- | 1 | -- |
Company Profile / Project Introduction
SatLayer is a Bitcoin restaking platform built on Babylon, a protocol designed to bridge BTC to yield-bearing proof-of-stake networks. Restaking allows users to earn additional rewards by locking up their staked assets again in different protocols known as actively validated services (AVSs) in the Ethereum and Solana restaking ecosystems, and as Bitcoin-validated services (BVSs) in SatLayer's case.