Fundz

Datalayer raised $500k in pre-seed funding led by GBV Capital and NxGen to revolutionize blockchain scalability with personal blockchains

PRIVATEJun 07, 2024

Amount Raised

$500,000

Round Type

Pre-Seed

HyderabadBlockchainCryptocurrency

Investors

X21 DigitalCsp DaoNx GenConnecticoGBV Capital

Description

Datalayer, a groundbreaking Layer-1 blockchain platform, has successfully raised $500k in pre-seed funding. The funding round was led by GBV Capital and NxGen, with significant participation from investors including X21 Digital, CSP DAO, Connectico, and others. Datalayer is set to transform the blockchain landscape with its innovative, user-owned localchains technology.

Quick answer

Datalayer raised $500,000 in a Pre-Seed round, dated June 7, 2024. Investors: X21 Digital, Csp Dao, Nx Gen, Connectico and GBV Capital. Datalayer is based in Hyderabad, Telangana, India.

How much did Datalayer raise?
Datalayer raised $500,000 in a Pre-Seed round on June 7, 2024.
Who invested in Datalayer?
X21 Digital, Csp Dao, Nx Gen, Connectico and GBV Capital are named as investors in this round.
What does Datalayer do?
Datalayer is a new Layer-1 blockchain and smart contract protocol introducing localchains to provide dedicated blockspace to users.
Where is Datalayer based and how big is it?
Datalayer is based in Hyderabad, Telangana, India.
Who are the decision-makers at Datalayer?
Fundz holds 1 contact at Datalayer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Blockchain and Cryptocurrency around the same time

Companies in the same sectors as Datalayer that raised within 45 days of this round, from Fundz verified event records.

  • Allium raised $17M (Series A) on July 18, 2024.
  • Partior raised $60M (Series B) on July 12, 2024.
  • Tread.fi raised $3.5M (Pre-Seed) on July 10, 2024.
  • Idle raised $2.4M (Funding Round) on July 9, 2024.
  • Tokinvest raised $500K (Pre-Seed) on July 9, 2024.
  • FreeBnk raised $3M on July 4, 2024.

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Company Information

Company

Datalayer

Location

Hyderabad, Telangana, India

About

Datalayer is a new Layer-1 blockchain and smart contract protocol introducing localchains to provide dedicated blockspace to users. It is purposefully engineered for high-frequency, low-cost assets, catering specifically to sectors such as AI, DePIN, micro-payments, and real-world assets (RWA).

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Datalayer raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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