How much funding has SatLayer raised?

SatLayer has raised $8.0M in total funding, most recently a Pre-Seed round.

Who are SatLayer's investors?

SatLayer's investors include Hack VC, Castle Island Ventures.

What industry is SatLayer in?

SatLayer operates in Crypto & Web3, Fintech.

SatLayer

The New Economy, Built on Bitcoin

Crypto & Web3

Fintech

Employees: 1–10
Business Model: B2B
Website: satlayer.xyz

Total Funding: $8.0M
Last Round: $8.0M Pre-SeedAug 2024
Rounds: 1

About

SatLayer is a Bitcoin restaking protocol that transforms BTC into programmable collateral, allowing holders to deposit Bitcoin or Bitcoin liquid staking tokens into SatLayer vaults to secure Bitcoin Validated Services (BVSs) and earn yield. The protocol has attracted over $200 million in total value locked and roughly 200,000 BTC restaked, and partners with leading Layer-1 and Layer-2 ecosystems including Babylon, Sui, Berachain, BNB Chain, and Bitlayer. SatLayer's smart contracts have been audited by Asymptotic, Coinspect, Dedaub, Salus, and Zellic.

Summary

SatLayer is a Crypto & Web3 company. It has raised $8.0M in total across 1 round, most recently a $8.0M Pre-Seed round in Aug 2024. Investors include Hack VC and Castle Island Ventures.

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