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High Tech Seed Founded 2018

Metis

Metis is an Ethereum Layer 2 rollup platform that enables developers to build and deploy decentralized applications (DApps), tokens, and blockchain projects with low gas fees, fast transactions, native on-chain storage, and high scalability. The platform leverages optimistic rollup technology to process transactions off-chain while inheriting Ethereum security, offering a permissionless, frictionless, and…

📍 Singapore, Singapore · Blockchain Infrastructure,

Funding snapshot

Last roundSeed
Amount$5M
Date13 May 2021
Total raised$4M
Team size53

About

Metis is an Ethereum Layer 2 rollup platform that enables developers to build and deploy decentralized applications (DApps), tokens, and blockchain projects with low gas fees, fast transactions, native on-chain storage, and high scalability. The platform leverages optimistic rollup technology to process transactions off-chain while inheriting Ethereum security, offering a permissionless, frictionless, and decentralized infrastructure for Web3 development. Metis differentiates itself through its Community Ecosystem Governance (CEG) framework, a decentralized voting system that empowers community members to govern the ecosystem, including verifying and selecting projects for marketing support and funding. The platform also offers a Community Verified Project (CVP) program that provides projects with increased engagement, marketing support, social media spotlight, and funding opportunities. Metis provides developers with comprehensive tools including documentation, a tech whitepaper, block explorer, faucet, bridge, and hackathon resources. The ecosystem spans DeFi, DEXs, GameFi, NFTs, SocialFi, wallets, and infrastructure projects. The platform has committed 250,000 METIS tokens to grants in 2024. Founded in 2018 and headquartered in Singapore, Metis has raised approximately $4 million in Seed funding from investors including AC Capital, Waterdrip Capital, Chain Capital, CatcherVC, Kernel Ventures, DFG, and Autonomy Capital.

Business model

Blockchain Infrastructure > Middleware > Rollups > Optimistic

Founders & team highlights

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur,

College Wise > University of Toronto

Institutional investors

AC Capital Waterdrip Capital Chain Capital CatcherVC Kernel Ventures DFG Crasolum Autonomy Capital Genblock Capital Cryptomeriacapital Consensus-Lab YBB Foundation AU21 Capital BMW Capital Titan Ventures

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