Astria Labs
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Astria Labs - overview
Established
2022
Location
-, -, US
Primary Industry
Internet
About
Founded in 2022, Astria Labs focuses on providing decentralized rollup technology through its shared sequencer network. Josh Bowen (CEO) and Jordan Oroshiba (CTO) are the co-founders of the company. In July 2024, Astria Labs raised USD 12. 5 million in venture funding led by DBA Crypto and Placeholder Capital, Maven11 Capital, 1kx, and Figment Capital, including RockawayX, Batu, and Bankless Ventures.
The company’s primary product is the shared sequencer network, which allows multiple rollups to share a single network of sequencers. This network provides censorship-resistant block confirmations, which are essential for maintaining the integrity and speed of decentralized applications. The firm also has a permissionless nature that allows anyone to deploy their rollup whenever and wherever they choose. The organization plans to use the July 2024 funding to continue developing its sequencing layer and stack and to deploy a permissionless rollup without relying on a centralized sequencer.
Current Investors
Placeholder, 1kx Ventures, Maven11 Capital
Primary Industry
Internet
Sub Industries
Financial Services, Internet
Website
www.astria.org/
Verticals
Blockchain
Company Stage
Angel & Seed
Total Amount Raised
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