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
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.