# Morph

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/morph

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.morphl2.io
- Total disclosed funding: $19M
- Latest round: Seed (Mar 20, 2024)
- Investors on record: 9

## About

Founded in 2023 and based in Singapore, Morph operates as a blockchain platform that offers Ethereum scaling experience with its decentralized sequencer architecture and inventive Layer 2 methodology. Cecilia H. (CEO) and Azeem Khan (COO) are the co-founders of the company. In March 2024, Morph raised USD 19 million in seed funding led by DragonFly, including Pantera Capital, Foresight Ventures, The Spartan Group, MEXC Ventures, Symbolic Capital, Public Works, MH Ventures, and Everyrealm.

The company develops responsive validity proof (RVP), a technique that improves Layer 2 state verification by utilizing zk-proof technology. The firm improves withdrawal speeds and lowers verification costs, opening up blockchain transactions to users and developers by addressing the shortcomings of current systems. Morph's key feature is its decentralized sequencer technology, which is designed to guarantee decentralization while fostering efficiency and lowering operating expenses. The company's design and modular architecture integrate for practical applications, creating a scalable and user-friendly environment for organizations and developers. 

The organization plans to use the March 2024 funding to improve its technological infrastructure, extend marketing activities, and grow its workforce.

## Funding rounds

- Seed, Mar 20, 2024, $19M — The Spartan Group, Foresight Ventures, Pantera Capital, Dragonfly Digital Management, MH Ventures, Symbolic Capital, Everyrealm, Mexc Ventures, Public Works

## Investors

- The Spartan Group — Seed
- Foresight Ventures (https://capitalatlas.ai/funds/foresight-ventures) — Seed
- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Seed
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed
- MH Ventures (https://capitalatlas.ai/funds/mh-ventures) — Seed
- Symbolic Capital (https://capitalatlas.ai/funds/symbolic-capital) — Seed
- Everyrealm — Seed
- Mexc Ventures (https://capitalatlas.ai/funds/mexc-ventures) — Seed
- Public Works — Seed