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Image Credit: VentureBeat

MagicBlock raises $7.5M for real-time, app-specific extensions for Solana blockchain

  • MagicBlock has raised $7.5 million in a seed round to power real-time, fully onchain games and applications on the Solana blockchain.
  • The investment was led by Lightspeed Faction and included participation from Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium, Pivot Global, and notable angels.
  • The funding will be used to expand the engineering team, scale the developer ecosystem, and optimize MagicBlock's ephemeral rollup technology.
  • Through partnerships with leading projects in the Solana ecosystem, MagicBlock aims to provide the fastest and most scalable infrastructure for high-performance onchain applications.

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