MagicBlock raises $7.5M seed round for real-time, app-specific extensions for Solana blockchain, led by Lightspeed Faction and supported by notable angels.
MagicBlock raises $7.5M seed round for real-time, app-specific extensions for Solana blockchain, led by Lightspeed Faction and supported by notable angels.
04/24/25, 9:10 PM
Location
singaporeMoney raised
$7.5 million
Industry
software
video games
gaming
Round Type
seed
Investors
Tristan Yver, Mert Mumtaz, Anatoly Yakovenko, Pivot Global, Equilibrium, Mechanism Capital, Robot Ventures, Delphi Digital, Maven11, Lightspeed Faction
MagicBlock, a real-time engine for decentralized games and applications on Solana, has secured a $7.5 million seed round. Leading this investment is Lightspeed Faction, with key support from several notable investors. This funding aims to enhance MagicBlock's mission to create ultra-low latency, decentralized experiences. The capital will help accelerate the development of its innovative Ephemeral Rollups technology.
Company Info
Location
singapore, southeast asia, singapore
Additional Info
MagicBlock is a Solana-based gaming company focused on developing a gaming engine that enables video games to run fully onchain. Founded in September 2023 by Andrea Fortugno and Gabriele Picco, the company aims to enhance user experience in decentralized gaming with innovative technology called ephemeral rollups. This technology allows for a higher throughput process while maintaining the benefits of onchain games. MagicBlock seeks to expand its team and technology to bring its game engine to Solana mainnet.