Spicenet, a Hyper-fast trading L2 (Layer 2) Solution, Raise $3.4M Seed Funding Co-led by Hack VC and Magnus Capital
Summary
Spicenet closed a $3.4 million Seed funding round co-led by Hack VC and Magnus Fund with participation from TPC Ventures, Public Works, WAGMI VC, DoraHacks, Pops Team, Rollup Ventures and more than 200 angel investors. The investor mix highlights strong grassroots and community backing, including contributions from EchoDot.xyz groups and notable individual backers. Spicenet positions itself as a Web3 Layer 2 platform that provides tools and infrastructure for developers, creators, and community-driven projects. The company will continue to pursue a community-first approach as it scales its platform and expands its ecosystem.
Funding
Amount
$3.4M
Total raised
Date
December 11, 2024
Announcement date
Investors
Hack VC
Lead investors
Company
spicenet.io
Funded company
Classifications
industries
No industries detected
applications
ERP & Process Management
AskAI Classifications
Labels
Developer Tools
API Management
FinTech Software
Linked Companies
Spicenet
up to $1M