🔔 Announcement:
MagicBlock has raised $7.5M in a Seed round to accelerate real-time infrastructure development for Solana, following a $3M pre-seed in 2024.
📰 News Details:
- Led by Lightspeed Faction with participation from Maven11, Delphi Digital, and others, this $7.5M Seed round brings MagicBlock’s total funding to $10.5M. The funds will scale their engineering team and enhance their Ephemeral Rollup technology, enabling developers to build real-time, fully onchain apps on Solana with low latency and native composability. Partnerships with projects like Flash Trade, Supersize, and Pyth Lazer showcase their tech’s potential for gaming, trading, and more. Next steps include hiring, expanding plugin support, and launching innovative onchain apps.
🔗 Links & Resources:
📢 Final Thoughts:
MagicBlock’s infrastructure could redefine real-time app development on Solana—exciting times ahead for Web3 builders!