# Lava Foundation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lava-foundation

- Industry: Financial Services
- Headquarters: Reykjavik, Iceland
- Website: www.lavanet.xyz
- Total disclosed funding: $15M
- Latest round: Seed (Feb 15, 2024)
- Investors on record: 34

## About

Founded in 2022 and based in Reykjavik, Iceland, Lava Foundation operates as a blockchain solution provider, offering a modular data network for scaling access to any blockchain. In January 2025, Lava Foundation raised USD 12 million in venture funding from iAngles, Animoca Brands, Gate.io, and CoinGecko Ventures, with participation from individual investors. Other unspecified investors also participated in the round.

The company offers a digital platform along with API support and a data network designed to scale access to any blockchain for a smooth user interface and analytics for RPC endpoints, ensuring seamless integration and performance monitoring.

The Lava software development kit enables developers to interact with the Lava network easily, abstracting away the complexities of handling multiple chains and APIs that allow users to explore and analyze blockchain data, facilitating transparency and visibility into network activities.

The company plans to use the January 2025 funding to expand its blockchain infrastructure, improve data access across over 40 blockchain networks, and support the upcoming launch of its LAVA token.

## Funding rounds

- Seed, Feb 15, 2024, $15M — Jump Capital, Blockdaemon Inc., Quiet Capital, StarkWare Industries Ltd., Tribe Capital, Protocol Labs, Inc., HashKey Capital, Caladan, ConsenSys Software Inc., North Island Ventures, Alchemy Insights, Inc., GSR, ChainLayer, Polkadot, Chorus One AG, Finality Capital Partners, NetZero Capital, Cosmos, Smape Capital, MH Ventures, Compa Capital, Node Capital, Dispersion Capital, FunFair Ventures, Filecoin Foundation, Galileo, Keplr, Wagmi Ventures, Alliance DAO, Interop Ventures, YTWO, Kommune, Anagram, Chainapsis Inc

## Investors

- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Seed
- Blockdaemon Inc. — Seed
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Seed
- StarkWare Industries Ltd. — Seed
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Seed
- Protocol Labs, Inc. — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed
- Caladan — Seed
- ConsenSys Software Inc. — Seed
- North Island Ventures (https://capitalatlas.ai/funds/north-island-ventures) — Seed
- Alchemy Insights, Inc. — Seed
- GSR — Seed
- ChainLayer (https://capitalatlas.ai/funds/chainlayer) — Seed
- Polkadot — Seed
- Chorus One AG — Seed
- Finality Capital Partners (https://capitalatlas.ai/funds/finality-capital-partners) — Seed
- NetZero Capital (https://capitalatlas.ai/funds/netzero-capital) — Seed
- Cosmos — Seed
- Smape Capital (https://capitalatlas.ai/funds/smape-capital) — Seed
- MH Ventures (https://capitalatlas.ai/funds/mh-ventures) — Seed
- Compa Capital — Seed
- Node Capital (https://capitalatlas.ai/funds/node-capital) — Seed
- Dispersion Capital (https://capitalatlas.ai/funds/dispersion-capital) — Seed
- FunFair Ventures (https://capitalatlas.ai/funds/funfair-ventures) — Seed
- Filecoin Foundation (https://capitalatlas.ai/funds/filecoin-foundation) — Seed
- Galileo (https://capitalatlas.ai/funds/galileo) — Seed
- Keplr — Seed
- Wagmi Ventures (https://capitalatlas.ai/funds/wagmi-ventures) — Seed
- Alliance DAO — Seed
- Interop Ventures (https://capitalatlas.ai/funds/interop-ventures) — Seed
- YTWO (https://capitalatlas.ai/funds/ytwo) — Seed
- Kommune (https://capitalatlas.ai/funds/kommune) — Seed
- Anagram — Seed
- Chainapsis Inc — Seed