What is ECLIPSE?
Founded in 2022 by Neel Somani, ECLIPSE is poised to launch its mainnet in Q2 2024, positioning itself as Ethereum's first SVM Layer 2. The startup's architecture is designed to integrate the most effective components of the modular stack, offering developers the advantages of dedicated throughput without the associated drawbacks. This approach aims to enable the creation of applications capable of coordinating large-scale user bases and scaling to meet diverse developer requirements. The company's focus on modularity and SVM compatibility suggests a strategy to enhance Ethereum's scalability and developer experience.
How much funding has ECLIPSE raised?
ECLIPSE has raised a total of $15M across 2 funding rounds:
Other Financing Round
$6M
Angel/Seed
$9M
Other Financing Round (2022): $6M with participation from Galileo, Tabiya Technology, Accel, Polygon Ventures, and Polychain Capital
Angel/Seed (2022): $9M led by Soma Capital, Tribe Capital, Ventures Crypto, Tabiya Technology, CoinList, and Struck Crypto
Key Investors in ECLIPSE
Tabiya Technology
Tabiya Technology Inc is a company operating in the Consumer Electronics & Computers Retail industry, headquartered in Reston, Virginia. Their participation suggests an interest in the underlying technology infrastructure supporting digital economies.
Polychain Capital
Polychain Capital is a prominent investment firm specializing in cryptocurrency protocols and blockchain-based assets, based in San Francisco. Their involvement underscores a strong belief in ECLIPSE's potential within the digital asset space.
Soma Capital
Soma Capital focuses on building deep relationships with exceptional individuals driving progress, showcasing a portfolio of innovative startups. Their investment in ECLIPSE aligns with their mission to support emerging talents and groundbreaking technologies.
What's next for ECLIPSE?
With the recent major strategic investment and substantial enterprise-level backing, ECLIPSE is well-positioned for its upcoming mainnet launch. The company's trajectory indicates a focus on scaling its operations and expanding its developer ecosystem. Future developments will likely involve further integration of its SVM Layer 2 solution into the broader blockchain landscape, attracting developers seeking robust and scalable infrastructure. The strategic capital will be instrumental in achieving these growth objectives and solidifying its market position.
See full ECLIPSE company page
