# Cartesi Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cartesi-pte

- Industry: Software
- Headquarters: Taipei, Taiwan - China
- Website: www.cartesi.io
- Latest round: Seed (May 21, 2018)
- Investors on record: 1

## About

Cartesi Pte. Ltd. specializes in rollup technology for decentralized applications, enabling developers to leverage familiar programming languages and tools to create scalable and secure dApps, enhancing their blockchain capabilities.Founded in 2018 in Taipei, Taiwan, Cartesi Pte. Ltd. focuses on developing innovative solutions for dApps, particularly through its Cartesi Machine, which allows full Linux and RISC-V stack execution. The company has successfully secured funding, including a USD 0.1 million investment from Binance Labs in April 2020, with a total amount raised also reaching USD 0.1 million. The founders of Cartesi are Augusto Teixeira, Colin Steil, Diego Nehab, Erick de Moura, and Marco Mirabella.Cartesi's main offerings revolve around its innovative rollup technology, specifically designed for decentralized applications (dApps). Their core product, the Cartesi Machine, enables full Linux and RISC-V stack execution within a composable and verifiable rollup environment. This architecture facilitates the development of app-specific rollups that are scalable and secure, catering to the unique requirements of various dApps. Cartesi's solutions target developers seeking to leverage established programming languages, code libraries, and open-source tools to create complex applications without the intricacies associated with traditional blockchain environments. The services are primarily directed toward markets in North America, Europe, and Asia, engaging a diverse clientele ranging from independent developers and small startups to larger enterprises aiming to enhance their blockchain functionalities.Cartesi generates revenue through partnerships and service subscriptions related to its rollup technology and development tools. Their business model includes providing tailored solutions for developers, which typically involves a subscription structure for access to their developer documentation and technical resources. Clients may engage in transactions that involve customized pricing based on the specific needs of their applications and the computational resources required. The company’s offerings are designed to deliver predictable and stable fees, supported by dedicated network resources, ensuring that developers can effectively budget for their projects. As a result, Cartesi’s revenue framework is anchored in facilitating a seamless integration of its products into various dApp ecosystems, enhancing the overall development experience while driving revenue through a modular and flexible pricing approach.Cartesi plans to leverage its recent funding from April 2020, amounting to USD 0.1 million, to enhance its rollup technology and expand its market presence. The company is actively designing new features for its Cartesi Machine to improve functionality and user experience, with an anticipated rollout by mid-2023. Additionally, Cartesi targets expansion into emerging markets in Asia and Europe by the end of 2023, aiming to build partnerships with local developers and enterprises to broaden its adoption.

## Funding rounds

- Seed, May 21, 2018 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed