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Espresso Systems raised $28 million in a Series B round led by a16z crypto to build a decentralized marketplace for shared sequencing.

Espresso Systems raised $28 million in a Series B round led by a16z crypto to build a decentralized marketplace for shared sequencing.

03/21/24, 4:14 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmenlo park
Money raised
$28 million
Industry
software
blockchain
marketplace
Round Type
series b
Investors
A16z Crypto
Espresso Systems closed a $28 million Series B funding round led by a16z crypto, bringing its total funds to over $60 million. The funding will be used to further develop a decentralized marketplace for shared sequencing, allowing rollups to auction the rights to build their blocks and enabling interoperability among rollups.

Company Info

Company
Espresso Systems
Location
menlo park, california, united states
Additional Info
Espresso Systems is a blockchain project building a decentralized marketplace for shared sequencing to facilitate interoperability among rollups and offer opportunities for various stakeholders.

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