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Rollup development platform Gelato raised $11 million in a Series A+ funding round led by Hack VC to expand its team and services for enterprise-grade rollups.

PRIVATEOct 28, 2024•over 1 year ago

Amount Raised

$11 Million

Round Type

series a

ZugConsulting

Investors

Bloccelerate VcIosg VenturesAnimoca BrandsHack Vc

Description

Gelato has successfully raised $11 million in a Series A+ funding round to enhance its platform for startups launching their own blockchains. The funding was led by Hack VC, with participation from notable investors such as Animoca Brands and IOSG Ventures.

Company Information

Company

Gelato

Location

Zug, Zug, Switzerland

About

Gelato is an all-in-one Ethereum Rollup-as-a-Service (RaaS) Platform built without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato rollups allow anyone to build and deploy their fully serviced Layer 2 chains at a pace natively integrated with Web3's favorite tools and services launching a production-ready web3 development environment right from the Genesis block.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, FundzIQ™ for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

Watching Gelato? See every signal — funding, hires, M&A, contracts, sentiment.

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