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Milkomeda - Undisclosed Series
Overview
Funding Date
October 19, 2022
Financing amount
$3.1M
Valuation
--
Category
Subcategory
About Milkomeda - Undisclosed Series
The long term vision of Milkomeda on Algorand will span across several large steps forward including adding support for multiple VMs, improving performance and interoperability, and creating a seamless user experience when interacting with L2 dApps for all Algorand users. In order to achieve this vision Milkomeda has laid out a multi-year roadmap and recently completed another round of funding. The 3.1M USD round was led by Archetype and also included Sora Ventures and the Algorand Foundation.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2021 | 43 | -- | ||
| Fund | Hong Kong | 2016 | 30 | [email protected] | ||
| Foundation | Singapore | 2019 | 31 | -- |
Founders & Team
Nicolas Arqueros
Sebastien Guillemot
Company Profile / Project Introduction
Milkomeda develops and deploys EVM capabilities – in the form of innovative layer 2 solutions – to non-EVM blockchains, building the foundations for the inevitable interconnected blockchain world of the future. These bespoke blockchain interoperability protocols enhance the user experience, increase developer traction, and deliver the next generation of inter-blockchain interoperability for leading Layer 1 ecosystems. Currently, Milkomeda has deployed novel EVM solutions to both the Cardano and Algorand blockchains, increasing developer uptake and blockchain interconnectivity in these ecosystems.