Matic Network (MATIC)
Blockchain
$450M
Raised
2
Rounds
Matic Network is a Layer 2 scaling solution for Ethereum that aims to provide faster and cheaper transactions. It utilizes a technology called Plasma to enhance the scalability of decentralized applications. The project focuses on improving user experience on the Ethereum blockchain.
Rounds
| Category | Round | Amount | Date | Investors |
|---|---|---|---|---|
| Blockchain | Funding Round | $450M | Feb 1, 2022 |  Peak XV Partners(ex-Sequoia India) Tiger Global Management Andreessen Horowitz (a16z) |
| Blockchain | Early Supporters | $450K | Mar 1, 2019 |  Coinbase Ventures |