Crypto unicorn Optimism received an additional $150 million
The Optimism team, which is developing a layer 2 solution for the Ethereum blockchain, has raised another $150 million in Series B. The companies participating in this funding round estimated that the project was valued at $1.65 billion.
The main investors this time were a16z and Paradigm. Interest in this project is easy to explain. The company has a working product that, in a year of mainnet existence, allowed users of this add-on on the Ethereum blockchain to save $1 billion in cheap fees.
After over a year on mainnet, our milestones keep adding up: $1B in gas fees saved for users, thousands of smart contracts deployed, three separate forks...— Optimism 🔴✨ (@optimismPBC) March 17, 2022
And now: funds raised to the tune of $150M, giving us runway to keep shipping rain or shine.https://t.co/pBC2jmXtnh
Due to its popularity in the L2Beat TOP, this zoom level 2 solution ranks fourth. The total amount of funds blocked in it (TVL) is $440 million.
The first among these projects is Arbitrum, then Dydx, and in third place is Metis Andromeda. 1, 3 and 4 TOP projects use the same scaling technology - Optimistic Rollups.
Recall that in Serie A, the Optimism team managed to raise $25 million. The fundraising took place in February last year. The round was also led by a16z.
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