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High Tech Seed Founded 2019

Moonbeam

Moonbeam is an Ethereum-compatible smart contract platform that enables developers to build interoperable decentralized applications (dApps) with seamless cross-chain connectivity across more than 100 blockchains. The platform features 5-second average block time, 30-second transaction finality, approximately $0.019 average transaction cost, ~4MB block size, 72 collators, and over 200 live applications. Moonbeam…

📍 Singapore, Singapore · Smart Contracts,

Funding snapshot

Last roundSeed
Amount$24M
Date10 September 2021
Team size48

About

Moonbeam is an Ethereum-compatible smart contract platform that enables developers to build interoperable decentralized applications (dApps) with seamless cross-chain connectivity across more than 100 blockchains. The platform features 5-second average block time, 30-second transaction finality, approximately $0.019 average transaction cost, ~4MB block size, 72 collators, and over 200 live applications. Moonbeam supports deployment of existing Solidity smart contracts and dApp frontends with minimal adjustments, leveraging its Ethereum compatibility to reduce migration friction. The platform serves four primary use case categories: Real World Assets (RWAs), gaming, DeFi, and emerging Web3 markets. For gaming, Moonbeam offers a Game Builder, tournaments, and cross-platform on-chain games with partners like Sequence providing grant incentives. The platform recently announced a strategic relaunch on Base, migrating the GLMR token from Polkadot and launching a new Moonbeam Protocol designed as a decentralized AI agent communication and settlement network for the on-chain economy. Moonbeam also operates Moonriver as a canary network (with MOVR token migrating to Base as well), and provides developer resources including grant programs, accelerators, developer relations support, comprehensive documentation, and approximately 20 security audits. The ecosystem includes 262 projects with featured applications spanning DeFi (StellaSwap), gaming (Kugle, Outmine, Olderfall), DePIN (Diode), and gaming platforms (N3MUS). Founded in 2019 and headquartered in Singapore, Moonbeam is backed by CoinFund, Blockchain Coinvestors, Coinbase, IOSG Ventures, HashKey Capital, KR1, Jsquare, Signum Capital, Aweh Ventures, D1 Ventures, SkyChain Capital, and others.

Business model

Smart Contracts > Blockchain Platforms > Parachain,

Blockchain Infrastructure > Smart Contracts

Institutional investors

CoinFund D1 Ventures Blockchain Coinvestors Blockchain SkyChain Capital Jsquare KR1 IOSG Ventures Signum Capital Aweh Ventures Coinbase HashKey Capital

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