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Sorella Labs raised $7.5M in a seed round led by Paradigm to develop tools addressing Ethereum's MEV issue.

PRIVATEAug 22, 2024

Amount Raised

$7.5 Million

Round Type

Seed

New YorkBlockchainCryptocurrency

Investors

Bankless VenturesRobot VenturesUniswap VenturesNascentParadigm

Description

Crypto startup Sorella Labs announced the completion of a $7.5 million seed funding round led by Paradigm. The funds will be used to enhance tools for mitigating Ethereum’s Maximum Extractable Value (MEV) problem.

Quick answer

Sorella Labs raised $7.5 Million in a Seed round, dated August 22, 2024. Investors: Bankless Ventures, Robot Ventures, Uniswap Ventures, Nascent and Paradigm. Sorella Labs is based in New York, New York, United States.

How much did Sorella Labs raise?
Sorella Labs raised $7.5 Million in a Seed round on August 22, 2024.
Who invested in Sorella Labs?
Bankless Ventures, Robot Ventures, Uniswap Ventures, Nascent and Paradigm are named as investors in this round.
What does Sorella Labs do?
Sorella Labs is the developer of a decentralized blockchain protocol designed for on-chain liquidity markets.
Where is Sorella Labs based and how big is it?
Sorella Labs is based in New York, New York, United States.
Who are the decision-makers at Sorella Labs?
Fundz holds 1 contact at Sorella Labs. 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 Sorella Labs 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 Sorella Labs, and when

A new round usually means Sorella Labs is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sorella Labs raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
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Company Information

Company

Sorella Labs

Location

New York, New York, United States

About

Sorella Labs is the developer of a decentralized blockchain protocol designed for on-chain liquidity markets. The company leverages advanced algorithms and blockchain analytics to identify and prevent maximal extractable value attacks, enabling DeFi users to execute transactions at fair prices and prevent malicious actors from exploiting vulnerabilities in the Ethereum ecosystem.

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Related People

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Sorella Labs 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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