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Sei Labs - Seed
Overview
About Sei Labs - Seed
The investments are part of a $5 million seed round led by Multicoin Capital, with participation from Coinbase Ventures and GSR. Backers, which also include Delphi Digital and Tangent, will receive a mix of equity and future tokens from the platform.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2017 | 111 | hello@multicoin.capital | ||
| Fund | United States of America | 2018 | 308 | -- | ||
| Fund | United States of America | 2004 | 21 | -- |
Founders & Team
Jeff Feng
Jayendra Jog
Company Profile / Project Introduction
Sei is the fastest layer 1 blockchain uniquely optimized for DeFi. Most layer 1s fall into two extremes - with general purpose chains on one end (Solana, Ethereum, Aptos, Avalanche) and app-specific chains on the other (dYdX, Osmosis). Sei explores the middle of the extremes - not quite general purpose nor app-specific but DeFi-specific which enables the layer 1 to explore a brand new design space.
Sei Labs is comprised of three types of backgrounds:
- Developers from Robinhood, Databricks, Airbnb, etc. with extensive expertise in orderbook design, infrastructure and the Cosmos stack
- Cosmos OGs who have navigated the ecosystem for years
- Finance and strategy members from Goldman Sachs and other market makers who bridge the gaps between DeFi and institutions