# Eden Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eden-network

- Industry: Financial Services
- Headquarters: US
- Website: www.edennetwork.io
- Total disclosed funding: $17M
- Latest round: Seed (Aug 9, 2021)
- Investors on record: 6

## About

Eden Network, based in the US, provides advanced blockchain infrastructure solutions aimed at enhancing transaction security and efficiency within the Ethereum ecosystem.Founded in 2020, Eden Network specializes in blockchain infrastructure solutions that support Ethereum validators and builders. The company raised USD 17.4 mn in Seed funding on August 9, 2021, led by Multicoin Capital, with participation from Alameda Research Ventures, DeFiance Capital, GSR Ventures, Jump Capital, and Wintermute Trading Ltd. Chris Piatt, the founder, has a history of entrepreneurship in the tech industry.Eden Network offers a suite of multichain infrastructure solutions designed to enhance transaction security and efficiency within the Ethereum ecosystem. Their core products include the Eden Relay, enabling sophisticated searchers to submit transaction bundles to builders, and an array of OFAC-compliant tools aimed at maximizing revenue for Ethereum validators and builders. They also provide transaction protection services that route transactions through a private node network, mitigating risks such as front-running and sandwich attacks. The platform serves Ethereum validators, DeFi builders, and sophisticated traders primarily in North America and Europe, addressing critical challenges in the MEV (Maximal Extractable Value) ecosystem.Eden Network generates revenue through a structured model encompassing partnerships and service offerings tailored to Ethereum validators and builders. Revenue streams include fees for transaction protection services and subscription-based access to compliance tools and data analytics. Validators using the Eden Relay pay for enhanced block rewards and transaction routing services, while builders leverage advanced bundle execution capabilities through partnerships. The company also offers free datasets as an entry point for users before adopting premium services.Eden Network plans to utilize the USD 17.4 mn raised in Seed funding to promote product development among developers, miners, and consumers. The company aims to expand its offerings with new products designed to improve transaction efficiency and security, although specific launch dates are not detailed. Additionally, Eden Network is looking to penetrate new markets, targeting emerging regions within the cryptocurrency space to broaden its user base and influence in the industry.

## Funding rounds

- Seed, Aug 9, 2021, $17M — GSR Ventures, Jump Capital, Multicoin Capital, Wintermute Trading Ltd, Alameda Research Ventures, DeFiance Capital

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Seed
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Seed
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Seed
- Wintermute Trading Ltd — Seed
- Alameda Research Ventures (https://capitalatlas.ai/funds/alameda-research-ventures) — Seed
- DeFiance Capital — Seed