Lagrange Labs has successfully raised $13.2 million in a seed funding round led by Founders Fund, with contributions from Archetype VC, 1kxnetwork, Maven11 Capital, Fenbushi, Volt Capital, CMT Digital, 0xMantleEco, and various angel investors. The funds will support their development of blockchain-based cryptographic solutions for big data scale computation. Archetype VC expressed excitement about supporting Lagrange's efforts to bring verifiable computation to big data scale onchain, highlighting the work of Ismael H.R. and the Lagrange team.
Infinite Layers: Lagrange - verifiably compute over historical storage, receipt or transaction data from your smart contract at a big data scale featuring @Ismael_H_R and @chbpap of @lagrangedev https://t.co/TQBq6vLhJA
Lagrange raises $13M to build blockchain-based cryptographic ‘big data’ scale computation https://t.co/WEaNFzOeHK
We're extremely excited to support Lagrange as they bring verifiable computation at big data scale onchain! @Ismael_H_R and the @lagrangedev team have been incredible to work with and are laser focused on enabling all new data-intensive and cross-chain apps Big things ahead https://t.co/GTRkTupV3T