Gateway.fm, a Stavanger, Norway-based decentralized blockchain infrastructure node provider, raised $4.6M in Seed funding.
The round was led by Lemniscap, with participation from CMT Digital Ventures, the LAO DAO, Folius Ventures, TRGC, Metaweb Ventures, Very Early Ventures, Factor Ventures, Fantom Foundation and Unstoppable Domains Ventures.
The company intends to use the funds to expedite product development and the provision of advanced staking services while driving user acquisition and recruitment efforts, with a particular emphasis on scaling its engineering department.
Led by CEO Cuautemoc Weber, Gateway.fm is a decentralised blockchain infra/node provider, building distributed, multi-chain infrastructure designed to help Web3 projects scale without allocating resources to configuring or maintaining servers. As a Web3 infrastructure company, the company is focused on building decentralized RPC solutions that don’t rely on centralized services such as Amazon Web Services (AWS). To date, the company has received market validation for its ‘Grow’, ‘Access’ and ‘Jumpstart’ solutions from a range of notable companies including 1inch, Gnosis, Ethereum Foundation, NEAR and Polygon Labs. The Gateway Grow solution is built for institutional staking validators across several Proof-of-Stake (POS) chains like Ethereum, Gnosis and IXO. Gateway Access is a dedicated, cost-effective RPC node service built for scale, which currently supports ETH, Fantom, NEAR and Gnosis. Gateway Jumpstart enables new blockchains, appchains and protocols to accelerate mainnet launch and drive user adoption.
FinSMEs
20/02/2023