Sonic
Latest round
- Series A
Last raised
- Jun 2024
Total raised
- $12M
Investors
- 7
About Sonic
Founded in 2020 and based in California, US, Sonic provides a modular SVM chain designed to support Solana's sovereign gaming economies. Sonic’s product offerings include features such as a layer 2 solution designed to address limitations on the Solana blockchain related to transaction speed and processing power. HyperGrid tackles the scalability bottleneck by enabling parallel processing, allowing individual games to handle up to 50,000 transactions per second. The company offers the Sonic VM (SVM), a custom virtual machine that allows developers to write code using the familiar Ethereum Virtual Machine (EVM) standard and seamlessly deploy it on HyperGrid. This eliminates the need to learn a new programming language, potentially accelerating the development process. Additionally, Sonic provides a sandbox environment for game developers, allowing them to build and test their business logic on-chain with composable gaming primitives and extensible data types.
Who invested in Sonic
7 investors across 1 round
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Funding rounds
Series A
Jun 18, 2024
Amount
$12M
Investors
Questions about Sonic
Who invested in Sonic?
Sonic has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Sonic raised?
Sonic has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Sonic last raise money?
Sonic's most recent round on record is a Series A, in Jun 2024.
What does Sonic do?
Founded in 2020 and based in California, US, Sonic provides a modular SVM chain designed to support Solana's sovereign gaming economies.
Where is Sonic headquartered?
Sonic is headquartered in San Francisco, US.
Which VCs invest in companies like Sonic?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Sonic's stage. Their profiles are linked below.
VCs backing software startups at Series A
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