Tech Company Financing Transactions

Polymer Labs Funding Round

Blockchain Capital, Distributed Global and Maven 11 Capital invested in a $23 million Series A funding round for Polymer Labs. The financing round was announced by the company on 1/23/2024.

Transaction Overview

Company Information

Company Status

Private & Independent

Industry

Software

Mailing Address

Undisclosed
New York, NY Undisclosed
USA

Phone

Undisclosed

Website

www.polymerlabs.org

Email Address

[email protected]

Overview

Polymer is Ethereum's Interoperability Hub, connecting Ethereum Layer 2's using the Inter-Blockchain Communication Protocol. Polymer provides IBC as a feature to the Ethereum ecosystem enabling modular security and permissionless expansion of the IBC network. Our protocol combines Optimism stack's settlement functionality, Eigenlayer's data availability, and Cosmos SDK's interoperability features to create the most secure and scalable interoperability solution for the largest user base in Web3.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Co-Founder

Bo Du

        

Co-Founder

Peter Kim

        

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

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