Subsquid has closed its strategic seed round with a lead investment by Hypersphere Ventures. The September round, totaling $3.8 million, was signed by more than 20 influential Polkadot and crypto investors including four projects that currently use the Subsquid APIs, signaling strong support by key-stakeholders.

The platform can process thousands of on-chain events and transactions in a single batch, even if they are spread out across many blocks. Subsquid is an innovative node query framework and node-as-a-service provider for Substrate-based blockchains. Subsquid is a game-changing protocol for DotSama developers that services complex queries in a fraction of the time usually needed thanks to its powerful architecture.

Subsquid Raises $3.8M In Seed Round Led By Hypersphere Ventures

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