Eclipse - Series A
Overview
Funding Date
March 11, 2024
Financing amount
$50M
Valuation
--
Category
Subcategory
About Eclipse - Series A
Layer 2 developer Eclipse Labs has raised a $50 million Series A funding round co-led by Placeholder and Hack VC, bringing the total capital raised to $65 million.
The funding round saw participation from other investors including Polychain Capital, Delphi Digital, Maven 11, DBA, and Fenbushi Capital. Additional strategic contributions came from Flow Traders, GSR, Apollo Global Management, and OKX Ventures. The firm did not disclose its latest valuation.
This freshly raised capital will be used by the project to develop an Ethereum Layer-2 solution using the Solana Virtual Machine (SVM). By integrating the high performance of the SVM with Ethereum’s liquidity, Eclipse aims to offer a differentiated Layer 2 solution.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2017 | 43 | -- | ||
| Fund | United States of America | 2017 | 81 | ed@hack-vc.com | ||
| Fund | United States of America | 2016 | 168 | info@polychain.capital | ||
| Fund | United States of America | 2018 | 93 | team@delphidigital.io | ||
| Fund | Netherlands | 2015 | 72 | joost@maven11.com | ||
| Corporate | United States of America | -- | 7 | -- | ||
| Fund | China | 2015 | 108 | contact@fenbushi.vc | ||
| Corporate | United States of America | 2004 | 32 | info@flowtraders.com | ||
| Fund | Hong Kong | 2013 | 168 | gsr@gsr.io | ||
| Fund | United States of America | 1990 | 4 | -- |
Founders & Team
Neel Somani
Sam Thapaliya
Company Profile / Project Introduction
Eclipse lets you build customizable, modular rollups using the Solana VM on any chain. The Eclipse tooling will enable you to easily deploy your code as a customizable rollup so each developer team doesn't have to become their own protocol designer, saving development cost and time. This lets you scale to enable the next generation of high-throughput web3 applications.