Fiat currencies
Crypto Currencies
No results for ""
We couldn't find anything matching your search.Try again with a different term.
Sovereign Labs - Seed
Overview
Funding Date
January 30, 2023
Financing amount
$7.4M
Valuation
--
Catagory
Subcategory
About Sovereign Labs - Seed
Sovereign Labs has raised $7.4 million in seed funding. The round was led by Haun Ventures with participation from Maven 11, 1KX, Robot Ventures and Plaintext Capital. The fundraise puts the company's valuation in the "eight-figure" range, according to a spokesperson for the project. Sovereign Labs declined to disclose its exact valuation. Sovereign Labs did not have plans to launch a token, adding they are "100% focused" on building out the SDK framework.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | -- | 13 | -- | ||
| Fund | Netherlands | 2015 | 57 | joost@maven11.com | ||
| Fund | Netherlands | 2017 | 71 | -- | ||
| Fund | United States of America | 2019 | 85 | sayhello@robvc.com | ||
| Corporate | United States of America | 2021 | 1 | info@plaintextcapital.com |
Founders & Team
Cem Ozer
Company Profile / Project Introduction
Sovereign Labs is building a software development kit (SDK) that makes it easier for developers to create interoperable zero-knowledge rollups. A rollup is a special type of blockchain that derives some of its security from another blockchain, thereby allowing for scalability without sacrificing security. The new Sovereign SDK is designed to be interoperable, scalable and able to be seamlessly deployed on any layer 1 blockchain.