Solayer

The Hardware-Accelerated Network Built for Real-Time.

San Francisco, United States · Founded 2023 · $12.0M raised

Employees
11–50
Founded
2023
Business Model
B2B
Total Funding
$12.0M
Last Round
$12.0M SeedAug 2024
Rounds
1

About

Solayer is a hardware-accelerated blockchain network built natively on the Solana Virtual Machine (SVM), designed to move money at the speed of hardware with no limitations imposed by traditional software-bound blockchains. Founded in 2023 and headquartered in San Francisco, Solayer leverages RDMA (Remote Direct Memory Access) and InfiniBand networking to bypass operating system network stacks, enabling direct high-speed data transfers and achieving over 1 million transactions per second on its InfiniSVM-powered chain. The platform offers a suite of financial products including sSOL native staking with hardware-accelerated yield, sUSD a treasury-backed stablecoin earning T-bill yield in USDC, and Solayer Pay for global on-chain spending and international payments. The company raised a $12 million seed round led by Polychain Capital and Hack VC, with additional investment from Binance Labs.

Summary

Solayer is a Crypto & Web3 company based in San Francisco, United States, founded in 2023. It has raised $12.0M in total across 1 round, most recently a $12.0M Seed round in Aug 2024. Investors include Polychain Capital.

Tech & App Stack

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Funding History

SeedSeed RoundAug 2024
$12.0M

Investors

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