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Funding
Caldera raises USD 15 million in Series A funding to build Metalayer, a unified rollup ecosystem for Ethereum
Web3 Ecosystem
Jul 24, 2024
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Web3 Ecosystem

Web3 Ecosystem

Jul 24, 2024

Caldera raises USD 15 million in Series A funding to build Metalayer, a unified rollup ecosystem for Ethereum

Funding

  • Caldera, a no-code Web3 infrastructure platform, has raised USD 15 million in a Series A funding round led by Founders Fund, with participation from Dragonfly, Sequoia Capital, Arkstream Capital, and Lattice, among others. This brings Caldera's total capital raised to USD 25 million.

  • The newly raised funds will be used to build Metalayer, a unified rollup ecosystem for Ethereum. This ecosystem aims to bridge the gap between layer-2 and layer-3 networks, provide seamless connectivity between various rollup frameworks, and streamline the developer experience.

  • Caldera's platform has already empowered Web3 teams to launch over 60 high-performance rollups, and its ecosystem comprises 1.7 million unique wallets holding over USD 800 million in TVL.

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