GasHawk, a Gas Savings Platform, raises $1.60M in Pre-seed Funding round from 3SE Holdings, AVID3, Artemis Capital, App Works, RedBread Ventures, Alchemy

September 12, 2024

GasHawk, a tool designed to optimize gas fees, has successfully raised $1.6 million in a Pre-Seed funding round. The round saw participation from 3SE Holdings, AVID3, Artemis Capital, App Works, RedBread Ventures, Alchemy, and several angel investors. The funds will be used to enhance its transaction layer IP and develop new services centered around the Atomic Unit in encryption.

Project	Latest Raise	Latest Raise Date	Stage	Lead Investor	Category
GasHawk	$1.6M	September 12, 2024	Pre-Seed	3SE Holdings, AVID3, Artemis Capital, App Works, RedBread Ventures, Alchemy	Ethereum

GasHawk’s model predicts and executes the lowest base fee for any given time interval. Both retail and institutional investors can set time sensitivity for their transactions and seek the best execution within that timeframe.

About GasHawk

GasHawk is a tool designed to help users save on Ethereum gas fees. It predicts and executes transactions at the lowest possible gas fees within a specified time frame. Users can set how time-sensitive their transactions are, and GasHawk will find the best time to execute them, ensuring cost savings. This tool is beneficial for both retail and institutional investors looking to optimize their transaction cost.

Website: https://www.gashawk.io/

X: https://x.com/gashawkio

About Investor

3SE Holdings, AVID3, Artemis Capital, App Works, RedBread Ventures, Alchemy, and several angel investors.

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.