MagicBlock raises $7.5M seed round for real-time, app-specific extensions for Solana blockchain, led by Lightspeed Faction and supported by notable angels.

Apr 24, 2025•8 months ago

Amount Raised

$7.5 Million

Round Type

seed

Singaporeinformation technology & servicesSoftwareVideo GamesGaming

Investors

Tristan YverMert MumtazAnatoly YakovenkoPivot GlobalEquilibriumMechanism CapitalRobot VenturesDelphi DigitalMaven11Lightspeed Faction

Description

MagicBlock, a real-time engine for decentralized games and applications on Solana, has secured a $7.5 million seed round. Leading this investment is Lightspeed Faction, with key support from several notable investors. This funding aims to enhance MagicBlock's mission to create ultra-low latency, decentralized experiences. The capital will help accelerate the development of its innovative Ephemeral Rollups technology.

Company Information

Company

MagicBlock

Location

St Johns Hospital Internal Road

Singapore, Southeast Asia, Singapore

About

MagicBlock is a Solana-based gaming company focused on developing a gaming engine that enables video games to run fully onchain. Founded in September 2023 by Andrea Fortugno and Gabriele Picco, the company aims to enhance user experience in decentralized gaming with innovative technology called ephemeral rollups. This technology allows for a higher throughput process while maintaining the benefits of onchain games. MagicBlock seeks to expand its team and technology to bring its game engine to Solana mainnet.

Related People

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