AltLayer Raises USD14.4M in Funding

Funding Rounds

▤ Summary

The round was led by Polychain Capital and Hack VC, with participation from OKX Ventures. AltLayer provides a decentralized protocol that empowers developers to create rollups from various software stacks, offering a rollup-as-a-service model. Commenting on the investment, OKX Ventures Founder Dora Yue said: “We’re excited to support AltLayer in their quest for scalability and innovation in the blockchain technology sector. AltLayer’s dedication to developing rollup infrastructure signifies a considerable advancement for the industry. This aligns perfectly with OKX Ventures’ mission to support projects that drive innovation and push the boundaries of the blockchain space.”

$ Funding

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Amount - Total raised
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Date February 21, 2024 Announcement date
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Investors - Lead investors
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Company http://www.altlayer.io Funded company

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