Tech Company Financing Transactions

MagicBlock Funding Round

On 4/24/2025, MagicBlock raised $7.5 million in Seed financing from Faction, Delphi Digital and Equilibrium Capital.

Transaction Overview

Company Name
Announced On
4/24/2025
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Proceeds Purpose
This investment fuels MagicBlock's mission to power real-time, fully onchain games and applications built natively on Solana, ensuring that developers can build decentralized experiences with ultra-low latency and full composability - without the tradeoffs of an L2.

Company Information

Company Status
Private & Independent
Industry
Entertainment
Mailing Address
165B Telok Ayer Street
Singapore, 068617
SG
Phone
Undisclosed
Email Address
Overview
MagicBlock Labs is a blockchain technology company focused on enabling fully on-chain games and decentralized applications (dApps) on the Solana network. Founded in 2022 by Andrea Fortugno and Gabriele Picco, the company aims to provide developers with tools to build high-performance, composable, and decentralized applications without compromising on user experience.
Profile
MagicBlock LinkedIn Company Profile
Social Media
MagicBlock Company Twitter Account
Company News
MagicBlock News
Facebook
MagicBlock on Facebook
YouTube
MagicBlock on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andrea Fortugno
  Andrea Fortugno LinkedIn Profile  Andrea Fortugno Twitter Account  Andrea Fortugno News  Andrea Fortugno on Facebook


 

 

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