NodeKit Raises a $1.2M Pre-Seed Round led by Borderless Capital to Build a Shared Sequencer L1
AMES, Iowa, Dec. 13, 2023 /PRNewswire/ -- NodeKit, the team developing SEQ, a shared sequencer L1, has raised $1.2M in a pre-seed round. The round was led by Borderless Capital with participation from Avalanche's Blizzard Fund, Polygon Ventures, Wormhole Cross-Chain Ecosystem Fund, and many angels (including key angel investors such as Avail's Anurag Arjun and BENQI's @hn_avax). The team is using the funding to help decentralize the next generation of rollups powered by SEQ.
- NodeKit's SEQ is a shared sequencer L1 designed to give a wide range of rollups more robustness, performance, uptime, and interoperability.
- AMES, Iowa, Dec. 13, 2023 /PRNewswire/ -- NodeKit , the team developing SEQ, a shared sequencer L1, has raised $1.2M in a pre-seed round.
- "Rollups desire a cost-effective, lightning-fast, decentralized sequencer to improve the quality of their users' experience.
- Through SEQ, NodeKit introduces atomic composability and shared sequencing to the leading protocols bringing economic efficiency and true decentralization for cross-chain modularity."