# Astria Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/astria-labs

- Industry: Internet
- Headquarters: US
- Website: www.astria.org/
- Total disclosed funding: $5.5M
- Latest round: Seed (Jul 4, 2024)
- Investors on record: 4

## About

Founded in 2022, Astria Labs focuses on providing decentralized rollup technology through its shared sequencer network. Josh Bowen (CEO) and Jordan Oroshiba (CTO) are the co-founders of the company. In July 2024, Astria Labs raised USD 12.5 million in venture funding led by DBA Crypto and Placeholder Capital, Maven11 Capital, 1kx, and Figment Capital, including RockawayX, Batu, and Bankless Ventures.

The company’s primary product is the shared sequencer network, which allows multiple rollups to share a single network of sequencers. This network provides censorship-resistant block confirmations, which are essential for maintaining the integrity and speed of decentralized applications. The firm also has a permissionless nature that allows anyone to deploy their rollup whenever and wherever they choose.

The organization plans to use the July 2024 funding to continue developing its sequencing layer and stack and to deploy a permissionless rollup without relying on a centralized sequencer.

## Funding rounds

- Seed, Jul 4, 2024, $5.5M — Delphi Ventures, 1kx Ventures, Maven11 Capital, Figment Capital

## Investors

- Delphi Ventures (https://capitalatlas.ai/funds/delphi-ventures) — Seed
- 1kx Ventures (https://capitalatlas.ai/funds/1kx-ventures) — Seed
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed
- Figment Capital (https://capitalatlas.ai/funds/figment-capital) — Seed