# Radius

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/radius-2

- Industry: Software
- Headquarters: South Korea
- Website: www.radius.xyz/
- Total disclosed funding: $7M
- Latest round: Seed (Jan 23, 2025)
- Investors on record: 1

## About

Based in South Korea, and founded by Jihoon Park (CEO) and others, Radius operates as a software company that develops a sequencing layer to create and provide blocks with high utility to blockchain network operators. In June 2023, Radius raised KRW  2.2 billion in venture funding from investor Hashed Ventures.

The company specializes in creating shared sequencing layers to overcome scalability issues in blockchain systems. Their platform employs the PDVE algorithm, which reduces censorship and manipulation to maximize rollup revenue, safeguards users from dangerous Miner Extractable Value, and sets rules for common sequencing layers, hence lowering trust costs.

The company intends to use the June 2023 funding to accelerate the development of a shared sequencing layer and actively collaborate with Rollup and RaaS (Rollup-as-a-Service) providers.

## Funding rounds

- Seed, Jan 23, 2025, $7M — Pantera Capital

## Investors

- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Seed