Optimum has successfully raised $11 million in a seed round to build a decentralized memory layer for blockchains. The funding was led by 1kx with participation from various prominent investors.
Apr 15, 2025•8 months ago
Amount Raised
$11 Million
Round Type
seed
CambridgeBlockchainInvestors
ReforgeCaladanGsrAnimocaNgcLonghashCmsBig BrainTriton CapitalSnzCmt DigitalSpartanFinality CapitalRobot Ventures1kx
Description
Optimum, a decentralized memory layer for blockchains, has raised an $11 million seed round aimed at enhancing data storage and access. The round was led by 1kx and included several notable investors. The company is developing innovative solutions using Random Linear Network Coding (RLNC), conceived by MIT professor Muriel Médard. This funding will support Optimum in tackling inefficiencies in data propagation and storage within blockchain environments.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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