Gateway.fm, the first decentralized high-performance blockchain node provided, has raised $4.6M in a combined seed funding round to accelerate and make decentralized Web3 nodes accessible.
Lemniscap led the seed funding round with additional participation from CMT Digital Ventures, the LAO DAO, Folius Ventures, TRGC, Metaweb Ventures, Very Early Ventures, Factor Ventures, Fantom Foundation, and Unstoppable Domains Ventures, among others.
The capital raised from those notable investors will be used to expedite product development and provide advanced staking services while driving user acquisition and recruitment efforts.
Gateway.fm is known as a leading Web3 infrastructure company that focuses on building decentralized EPC solutions while not relying on centralized services such as AWS.
Speaking about the funding: We want to provide reliable node infrastructure, best-in-class validators, and robust dev tooling to help Web3 projects scale at pace while enticing financial institutions and enterprises to explore blockchain technology with confidence,” said Cuautemoc Weber, Co-Founder and CEO of Gateway.fm