Gear

Gear Technologies develops Web3 infrastructure solutions through its Gear Protocol, a comprehensive toolkit for quick dApp creation. The protocol uses the Actor Model for asynchronous messaging and memory parallelism, Persistent Memory for innovative program storage with memory virtualization, and WebAssembly for native-speed execution supporting standard programming languages. Gear's technological primitives enable delayed messaging, asynchronous programming, gas reservation, and parallel computations. The company's products include Vara Network, a sovereign layer-1 blockchain built on Gear Protocol supporting Wasm-compiled smart contracts with low transaction costs and gas fee rebates, and Vara.ETH, a bridge-free runtime network compatible with the Ethereum ecosystem providing unlimited parallelism. Founded in 2021, headquartered in San Francisco, United States, The company has raised $12.0M at the Series B stage, backed by investors including Blockchange, Three Arrows Capital, Lemniscap, Distributedglobal, YBB Foundation..