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 Bigsol.sign🟠 [@Bigbamzzy2](/creator/twitter/Bigbamzzy2) on x 2186 followers
Created: 2025-07-18 06:22:48 UTC
Here's a breakdown of @EspressoSys Systems' funding rounds, consolidating the information available:
Espresso Systems has raised a total of $XX million across its funding rounds.
Seed Round (March 7, 2022): $XX Million
▶️Lead Investors:
Sequoia Capital: A legendary venture capital firm known for backing some of the world's most successful tech companies. Their involvement is a strong signal of confidence.
Electric Capital: A prominent venture firm focused exclusively on cryptocurrencies, blockchain, and fintech.
Greylock Partners., Another top-tier venture capital firm with a history of investing in foundational technology.
▶️Other Backers/Participants:
🔹Coinbase Ventures: The investment arm of one of the largest cryptocurrency exchanges, indicating a strategic interest in their technology.
🔹Polychain Capital: A leading venture fund dedicated to blockchain and cryptocurrency.
🔹Blockchain Capital: A pioneering venture firm in the blockchain space.
🔹Paxos: A regulated blockchain infrastructure platform.
🔹Robot Ventures: A venture firm focused on early-stage crypto projects.
🔹Slow Ventures: A venture capital firm with a broad investment portfolio.
🔹Scalar Capital: A crypto investment fund.
🔹Gemini Frontier Fund: The venture arm of the Gemini cryptocurrency exchange.
🔹Terraform Labs: (Note: This is an interesting inclusion given the later events surrounding Terraform Labs, but their participation at the time reflected broad industry interest.)
🔹ZKValidator: A validator and investment firm focused on zero-knowledge proof technology.
🔹Alameda: (Again, noting the later events around Alameda, but their participation was significant at the time of the seed round.
Series B Round (March 21, 2024): $XX Million
▶️Lead Investor:
🔹a16z Crypto (Andreessen Horowitz Crypto): A powerhouse in crypto venture capital, consistently investing in leading projects. Their leadership in this round further solidifies Espresso's position.
▶️Other Backers/Strategic Investors:
🔹Polygon: A leading Layer X scaling solution for Ethereum. Their investment highlights the strategic importance of Espresso's shared sequencing to the broader Layer X ecosystem.
🔹Taiko: Another prominent Layer X scaling solution.
o1Labs: A research and development firm focused on zero-knowledge cryptography.
🔹StarkWare: A company developing ZK-Rollup scaling solutions for Ethereum.
Offchain Labs (Arbitrum): The creators of Arbitrum, a leading Layer X rollup.
🔹Core contributors and strategic investors from over XX notable ecosystem projects: This is a crucial detail, indicating widespread support from various players across rollups, L2 infrastructure, and interoperability. This diverse backing speaks volumes about the perceived utility and necessity of Espresso's technology within the blockchain landscape.
▶️ @EspressoSys Systems has attracted investment from the both traditional venture capital and crypto-native investment firms. The broad support the signals strong confidence from across the industry that the have raised substantial amount of ($60 Million) for a blockchain infrastructure project, especially within a relatively short that can empowers them to continue product.
Their participation for major Layer X projects like Polygon, Taiko, StarkWare, and Offchain Labs in the Series B round is particularly noteworthy. It demonstrates that these critical ecosystem players see Espresso's shared sequencing and interoperability solutions as vital for their own growth and the overall health of the Ethereum scaling roadmap.
The funding rounds clearly demonstrate that Espresso Systems is a project with significant backing, aiming to solve some of the most critical challenges facing the scalability and interoperability of blockchain networks, particularly within the Ethereum ecosystem.
XXX engagements
**Related Topics**
[sequoia capital](/topic/sequoia-capital)
[Post Link](https://x.com/Bigbamzzy2/status/1946093275963617788)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Bigsol.sign🟠 @Bigbamzzy2 on x 2186 followers
Created: 2025-07-18 06:22:48 UTC
Here's a breakdown of @EspressoSys Systems' funding rounds, consolidating the information available:
Espresso Systems has raised a total of $XX million across its funding rounds.
Seed Round (March 7, 2022): $XX Million
▶️Lead Investors:
Sequoia Capital: A legendary venture capital firm known for backing some of the world's most successful tech companies. Their involvement is a strong signal of confidence.
Electric Capital: A prominent venture firm focused exclusively on cryptocurrencies, blockchain, and fintech. Greylock Partners., Another top-tier venture capital firm with a history of investing in foundational technology.
▶️Other Backers/Participants:
🔹Coinbase Ventures: The investment arm of one of the largest cryptocurrency exchanges, indicating a strategic interest in their technology.
🔹Polychain Capital: A leading venture fund dedicated to blockchain and cryptocurrency.
🔹Blockchain Capital: A pioneering venture firm in the blockchain space.
🔹Paxos: A regulated blockchain infrastructure platform.
🔹Robot Ventures: A venture firm focused on early-stage crypto projects.
🔹Slow Ventures: A venture capital firm with a broad investment portfolio.
🔹Scalar Capital: A crypto investment fund.
🔹Gemini Frontier Fund: The venture arm of the Gemini cryptocurrency exchange.
🔹Terraform Labs: (Note: This is an interesting inclusion given the later events surrounding Terraform Labs, but their participation at the time reflected broad industry interest.)
🔹ZKValidator: A validator and investment firm focused on zero-knowledge proof technology.
🔹Alameda: (Again, noting the later events around Alameda, but their participation was significant at the time of the seed round.
Series B Round (March 21, 2024): $XX Million
▶️Lead Investor:
🔹a16z Crypto (Andreessen Horowitz Crypto): A powerhouse in crypto venture capital, consistently investing in leading projects. Their leadership in this round further solidifies Espresso's position.
▶️Other Backers/Strategic Investors:
🔹Polygon: A leading Layer X scaling solution for Ethereum. Their investment highlights the strategic importance of Espresso's shared sequencing to the broader Layer X ecosystem.
🔹Taiko: Another prominent Layer X scaling solution. o1Labs: A research and development firm focused on zero-knowledge cryptography.
🔹StarkWare: A company developing ZK-Rollup scaling solutions for Ethereum. Offchain Labs (Arbitrum): The creators of Arbitrum, a leading Layer X rollup.
🔹Core contributors and strategic investors from over XX notable ecosystem projects: This is a crucial detail, indicating widespread support from various players across rollups, L2 infrastructure, and interoperability. This diverse backing speaks volumes about the perceived utility and necessity of Espresso's technology within the blockchain landscape.
▶️ @EspressoSys Systems has attracted investment from the both traditional venture capital and crypto-native investment firms. The broad support the signals strong confidence from across the industry that the have raised substantial amount of ($60 Million) for a blockchain infrastructure project, especially within a relatively short that can empowers them to continue product.
Their participation for major Layer X projects like Polygon, Taiko, StarkWare, and Offchain Labs in the Series B round is particularly noteworthy. It demonstrates that these critical ecosystem players see Espresso's shared sequencing and interoperability solutions as vital for their own growth and the overall health of the Ethereum scaling roadmap.
The funding rounds clearly demonstrate that Espresso Systems is a project with significant backing, aiming to solve some of the most critical challenges facing the scalability and interoperability of blockchain networks, particularly within the Ethereum ecosystem.
XXX engagements
Related Topics sequoia capital