SatLayer raised $8 million in a pre-seed funding round co-led by Hack VC and Castle Island Ventures to enhance Bitcoin's role as collateral in decentralized applications.
Amount Raised
$8 Million
Round Type
Pre-Seed
MiamiBlockchainCryptocurrencyInvestors
Description
SatLayer, a Bitcoin restaking platform, raised $8 million in a pre-seed funding round. The round was oversubscribed and included key participation from Hack VC and Castle Island Ventures, along with several other notable investors.
Quick answer
SatLayer raised $8 Million in a Pre-Seed round, dated August 22, 2024. Investors: Pendle, Magic Eden, Manta Network, Layer Zero, Castle Island Ventures, Franklin Templeton, OKX Ventures and Mirana Ventures. SatLayer is based in Miami, Florida, United States.
- How much did SatLayer raise?
- SatLayer raised $8 Million in a Pre-Seed round on August 22, 2024.
- Who invested in SatLayer?
- Pendle, Magic Eden, Manta Network, Layer Zero, Castle Island Ventures, Franklin Templeton, OKX Ventures and Mirana Ventures are named as investors in this round.
- What does SatLayer do?
- SatLayer is a Bitcoin restaking platform built on the Bitcoin staking protocol Babylon.
- Where is SatLayer based and how big is it?
- SatLayer is based in Miami, Florida, United States.
- Who are the decision-makers at SatLayer?
- Fundz holds 1 contact at SatLayer. 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 SatLayer that raised within 45 days of this round, from Fundz verified event records.
- Initia raised $14M (Series A) on September 25, 2024.
- Helix Labs raised $2M (Pre-Seed) on September 23, 2024.
- Amnis Finance raised $2M (Seed) on September 23, 2024.
- BlockchainWork raised $87K (Seed) on September 20, 2024.
- Drift Labs raised $25M (Series B) on September 19, 2024.
- Bool Network raised $2M (Seed) on September 19, 2024.
Who to call at SatLayer, and when
A new round usually means SatLayer is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SatLayer raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SatLayer, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at SatLayer. With Fundz connected, it knows.
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Fundz sees it the moment SatLayer raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
SatLayer 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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