Manta Network

SoftwareSeries ABoston, USmanta.network

Latest round

Series A

Last raised

Jul 2023

Total raised

$26M

Investors

14

About Manta Network

Manta Network was founded in 2020 in Boston, US, specializing in modular blockchain solutions.Manta Network specializes in modular blockchain solutions tailored for zero-knowledge (ZK) applications, with a focus on enhancing performance while minimizing costs. Their core offerings include a ZK stack built on Polkadot, a modular Layer 2 solution utilizing Celestia Data Availability on Ethereum, and innovative programs such as CeDeFi and Gas Gain that aim to deliver tangible benefits to end users. These products enable developers and businesses to build decentralized applications (dApps) that bridge the gap between Web2 and Web3. Their target client base spans finance, data privacy, and decentralized finance (DeFi), with a geographical reach that includes North America, Europe, and Asia.Manta Network's revenue model is primarily driven by transaction fees associated with its blockchain services and products. This structure includes B2B partnerships where developers and enterprises access Manta's blockchain infrastructure for their applications, engaging with services such as decentralized finance offerings and liquidity protocols, facilitating real-time transactions that may involve swapping assets or staking tokens. The company plans to utilize these funds to expand its market reach, focusing on new product developments and geographic expansion.

Who invested in Manta Network

14 investors across 2 rounds

See all investors in Manta Network

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jul 19, 2023

    Amount

    $25M

    Investors

    Locked

  2. Seed

    Feb 2, 2021

    Amount

    $1.1M

    Investors

    Locked

Questions about Manta Network

Who invested in Manta Network?

Manta Network has 14 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Manta Network raised?

Manta Network has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Manta Network last raise money?

Manta Network's most recent round on record is a Series A, in Jul 2023.

What does Manta Network do?

Manta Network was founded in 2020 in Boston, US, specializing in modular blockchain solutions.

Where is Manta Network headquartered?

Manta Network is headquartered in Boston, US.

Which VCs invest in companies like Manta Network?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Manta Network's stage. Their profiles are linked below.

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