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Dill, the most Scalable Data Availability Network, Secures Pre-Seed & Founders Round led by Find Satoshi Ventures


July 16, 2024


Dill has successfully completed its pre-seed and founders funding round. The round was spearheaded by Find Satoshi Ventures, the investment division of FSL, and saw participation from Modular Capital, angels from LayerZero, Pendle's co-founder TN, Manta's co-founder Victor, Santiago R Santos, Matr1x's co-founder Saku, and several other distinguished investors. This funding represents a significant step in Dill's mission to create the first sharding-based highly scalable data availability network, driving the progression of the ecosystem.

Project

Latest Raise Date

Stage

Lead Investor

Category

Dill

July 16, 2024

Pre-Seed

Find Satoshi Ventures

Infrastructure

Dill's ambition is to offer highly scalable, swift, and secure data availability services that other blockchains can utilize, laying a robust infrastructure foundation to facilitate widespread blockchain adoption and support the onboarding of the next billion users. They are at the forefront of developing a data availability network with innovative sharding technology, improving the data throughput, fast finality, affordability while preserving the decentralized security nature.


About Dill

Dill is a pioneering platform in the blockchain technology space. It is recognized as the first-ever sharding-based data availability network1. The network is designed with a modular structure, aiming to provide high-performance, affordable, and secure data availability services. These services form a foundation upon which other blockchains can be built.


 

About Investor

Investor: Find Satoshi Ventures

FSL is a rapidly growing web3 product development studio. They are committed to building a range of enjoyable web3 products that are closely integrated with people’s lives1. FSL aims to accelerate the world’s transition to web3.

 

One of their innovative offerings is the FSL ID2. It’s not just a universal login tool for FSL, but also a pathway to rewards across the ecosystem2. FSL ID integrates four dynamic products: MOOAR, STEPN, Gas Hero, and STEPN GO2. These products redefine the Web3 experience and enable you to unlock a world of incentives through FSL ID


Location: Tortola, Virgin Islands

 

 

 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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