Tech Company Financing Transactions
Sorella Labs Funding Round
Sorella Labs, operating out of San Francisco, raised $7.5 million in funding from Paradigm, Bankless Ventures and Nascent.
Transaction Overview
Company Name
Announced On
8/20/2024
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
Sorella Labs, a crypto startup building tools aimed at solving Ethereum ETH -0.56%'s maximal extractable value (MEV) issue, has raised $7.5 million in a seed funding round.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
782 7th Avenue
San Francisco, CA 94118
USA
San Francisco, CA 94118
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of a decentralized blockchain protocol designed for on-chain liquidity markets. The company leverages advanced algorithms and blockchain analytics to identify and prevent MEV-related attacks, enabling DeFi users to execute transactions at fair prices and preventing malicious actors from exploiting vulnerabilities in the Ethereum ecosystem.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ludwig Thouvenin
Chief Technical Officer
Karthik Srinivasan
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