Cosmology, a San Francisco, CA-based provider of a tech suite that enables developers to build Web3 apps in the Cosmos ecosystem, raised $5M in Seed funding.
The round was led by Galileo and Lemniscap with participation from Dispersion, Hashkey, Tuesday Capital, the Osmosis Foundation, Chorus One, Informal Systems, and angels including Kevin Lin, Zaki Manian, Leland Lee, and Ethan Beard.
The company intends to use the funds to support the growth of the interchain, and provide tools that make app development accessible without requiring deep technical blockchain knowledge.
Founded by Dan Lynch, Cosmology is building a unified developer experience for cross chain dApps, streamlining everything from low-level encoding and signing to user interfaces and wallet adapters. Its tools are becoming the standard in the interchain, where its community has now grown to 100+ chains and countless smart contract projects across the Cosmos ecosystem.
Developers leverage its software to build DEXes, wallets, governance tooling, NFT platforms, lending, leverage, and liquid staking protocols. These include Osmosis, dYdX, Celestia, Cosmostation, Stride, Juno, DaoDao, Stargaze, Mars Protocol, Leap Wallet, AstroTech, Persistence, Quicksilver and more.
FinSMEs
07/03/2024