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![Scroll's Logo](https://s1.coincarp.com/logo/project/scroll.png?style=72)
Scroll - Undisclosed
Overview
Funding Date
March 6, 2023
Financing amount
$50M
Valuation
$1.8B
Catagory
Subcategory
About Scroll - Undisclosed
Scroll, an Ethereum Layer 2 network that uses zk-rollups technology, raised $50 million in a new funding round. Investors in the round included Polychain Capital, Sequoia China, Bain Capital Crypto, Moore Capital Management, Variant Fund, Newman Capital, IOSG Ventures and Qiming Venture Partners.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2016 | 153 | info@polychain.capital | ||
Fund | China | 2005 | 9 | -- | ||
Fund | United States of America | -- | 18 | -- | ||
Fund | Unknown | -- | 1 | -- | ||
Fund | United States of America | 2020 | 49 | info@variant.fund | ||
Fund | Hong Kong | 2021 | 18 | -- | ||
Fund | Hong Kong | 2017 | 102 | hello@iosg.vc | ||
Fund | China | 2006 | 14 | BP@qimingvc.com |
Founders & Team
![Haichen Shen's Logo](https://s1.coincarp.com/logo/founder/haichen-shen.png?style=36&v=1678160285)
Haichen Shen
![Sandy Peng's Logo](https://s1.coincarp.com/logo/founder/sandy-peng.png?style=36&v=1678160227)
Sandy Peng
![Ye Zhang's Logo](https://s1.coincarp.com/logo/founder/ye-zhang.png?style=36&v=1678160399)
Ye Zhang
Company Profile / Project Introduction
Scroll was founded in 2021 with the vision of scaling Ethereum to a billion users. As a Layer 2 network, Scroll processes transactions off Ethereum on its own network and then ports the transaction data back to Ethereum — helping increase transaction speed and reduce costs.