Norway-based Gateway.fm, a decentralized blockchain node infrastructure provider, announced that it has raised approximately €4.3M in a Seed round of funding led by Lemniscap.
CMT Digital Ventures, the LAO DAO, Folius Ventures, TRGC, Metaweb Ventures, Very Early Ventures, Factor Ventures, Fantom Foundation, and Unstoppable Domains Ventures also participated in the round.
Gateway.fm says it will use the funds to accelerate product development and to provision advanced staking services.
Additionally, the Norwegian company plans to use the funds to drive user acquisition and scale the company’s engineering department.
Founded by Igor Mandrigin and Cuautemoc Weber, Gateway.fm is a decentralized high-performance blockchain infra/node provider that is building distributed, multi-chain infrastructure designed to help Web3 projects scale without allocating resources to configuring or maintaining servers.
The Web3 company focuses on building decentralized RPC solutions that don’t rely on centralized services such as Amazon Web Services (AWS).
To date, the company claims to have received strong market validation for its ‘Grow’, ‘Access’ and ‘Jumpstart’ solutions from a range of notable industry heavyweights, including 1inch, Gnosis, Ethereum Foundation, NEAR, and Polygon Labs.
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