Total amount raised
Latest funding date
Location
Marlin has developed a platform offering scalable coprocessors for decentralized computing, enabling powerful applications with verifiable data processing. The platform includes tools like Oyster for serverless coprocessors, Kalypso for ZK proof marketplaces, and solutions for AI, DEX, and decentralized frontends.
Keep reading to explore the intricacies of Marlin's fundraising journey and the investors backing this innovative platform.
What Is Marlin?
Marlin operates in the decentralized computing and blockchain technology industry, providing scalable coprocessors for decentralized compute. Their solutions focus on TEE-based offchain microservices with onchain verification, enabling powerful applications with verifiable data processing.
Marlin offers a modular approach to trust, cost, and performance preferences, and features a comprehensive framework called Oyster for building and deploying applications on TEEs. Their technology supports various applications in AI, DeFi, social, and gaming apps, backed by a robust ecosystem and community.
How Much Funding Has Marlin Raised?
- Seed Round
- Amount Raised: $3 million
- Date: January 2020
- Lead Investors: Binance Labs, Electric Capital
- Series A
- Amount Raised: $10 million
- Date: June 2021
- Lead Investors: Coinbase Ventures, Multicoin Capital
- Series B
- Amount Raised: $20 million
- Date: March 2022
- Lead Investors: Andreessen Horowitz, Polychain Capital
Marlin has raised a total of $33 million across all funding rounds.
Key Investors
- Binance Labs
- Details: Binance Labs is the venture capital arm of Binance, one of the largest cryptocurrency exchanges in the world. They focus on identifying and supporting blockchain and cryptocurrency projects.
- Investment Focus Areas: Blockchain, cryptocurrency, decentralized finance (DeFi)
- Notable Investments: FTX, Terra, CertiK
- Electric Capital
- Details: Electric Capital is a venture capital firm that invests in cryptocurrencies, blockchain-based businesses, and fintech companies. They are known for their data-driven approach to investing.
- Investment Focus Areas: Blockchain, cryptocurrency, fintech
- Notable Investments: Bitwise, Anchorage, Celo
- Coinbase Ventures
- Details: Coinbase Ventures is the investment arm of Coinbase, a leading cryptocurrency exchange. They invest in early-stage cryptocurrency and blockchain startups.
- Investment Focus Areas: Cryptocurrency, blockchain, decentralized finance (DeFi)
- Notable Investments: Compound, BlockFi, Etherscan
- Multicoin Capital
- Details: Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. They are known for their deep research and analysis.
- Investment Focus Areas: Cryptocurrency, blockchain, decentralized finance (DeFi)
- Notable Investments: Solana, The Graph, Helium
- Andreessen Horowitz
- Details: Andreessen Horowitz, also known as a16z, is a private venture capital firm that invests in both early-stage startups and established growth companies. They have a strong focus on technology and innovation.
- Investment Focus Areas: Technology, blockchain, fintech
- Notable Investments: Facebook, Airbnb, Coinbase
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