Taiko Labs raised $37M in a Series A funding round led by Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital for the upcoming mainnet launch of its Ethereum Layer 2 scaling solution.
Amount Raised
$37 Million
Round Type
Series A
Investors
Description
Taiko Labs raised a total of $37 million across three rounds, with the most recent Series A round led by Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital. The funding will be used for the highly-anticipated mainnet launch and to further develop their Ethereum-equivalent ZK-Rollup technology.
Quick answer
Taiko raised $37 Million in a Series A round, dated March 2, 2024. Investors: Ww Ventures, Gsr, OKX Ventures, Flow Traders, Token Bay Capital, Generative Ventures, Wintermute Ventures and Presto Labs.
- How much did Taiko raise?
- Taiko raised $37 Million in a Series A round on March 2, 2024.
- Who invested in Taiko?
- Ww Ventures, Gsr, OKX Ventures, Flow Traders, Token Bay Capital, Generative Ventures, Wintermute Ventures and Presto Labs are named as investors in this round.
- What does Taiko do?
- Taiko Labs is an Ethereum Layer 2 scaling solution provider, focusing on developing Ethereum-equivalent ZK-Rollup technology to streamline trust assumptions and remove friction for developer adoption.
Source: Fundz verified event record.
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Funding Insights
What this usually meansTaiko 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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