# Sei Network

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.seinetwork.io
- Total disclosed funding: $5M
- Latest round: Seed (Aug 31, 2022)
- Investors on record: 8

## About

Based in California, US, and founded in 2022 by Jeff Feng, and Jayendra Jog, Sei Network operates as a layer 1 blockchain optimized for DeFi (destructured Finance) that enables new financial products. In August 2022, Sei Network raised USD 5 million in Seed funding led by Multicoin Capital, with participation from other new investors Coinbase Ventures, Delphi Digital, Flow Traders, etc.

Sei offers a new design space including a built-in order matching engine, frontrunning protection, and the fastest finality that is specific to DeFi to help create new financial products such as live sports betting to complex options and futures.

The company intends to use the August 2022 funding to support the network as it approaches the main net launch and further accelerates the growth of over 20 dApps already building in its ecosystem.

## Funding rounds

- Seed, Aug 31, 2022, $5M — Flow Traders, Hudson River Trading, Multicoin Capital, Coinbase Ventures, Delphi Digital, GSR, Hypersphere Ventures, Kronos Ventures

## Investors

- Flow Traders (https://capitalatlas.ai/funds/flow-traders) — Seed
- Hudson River Trading — Seed
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Delphi Digital — Seed
- GSR — Seed
- Hypersphere Ventures (https://capitalatlas.ai/funds/hypersphere-ventures) — Seed
- Kronos Ventures (https://capitalatlas.ai/funds/kronos-ventures) — Seed