Loading organizations...
EthStorage is a Layer 2 storage rollup solution built on the Ethereum network that provides programmable dynamic storage to significantly reduce on-chain data costs, operating from an undisclosed location. The platform lowers data storage expenses to between 1% and 0.1% of standard Ethereum costs while maintaining full compatibility with the Ethereum Virtual Machine, Solidity, Hardhat, and MetaMask. Currently in its intensive testnet phase, the organization develops critical infrastructure for decentralized applications requiring highly cost-effective data availability. The enterprise secured $7 million in seed funding at a $100 million valuation, supported by lead investor dao5 alongside prominent backers including SevenX Ventures, Foresight Ventures, and Sky9 Capital. Additionally, the company received a dedicated research grant from the Ethereum Foundation to further its data availability initiatives across the ecosystem. EthStorage was founded in 2024 by Qi Zhou.
EthStorage has raised $7.0M across 1 funding round.
EthStorage has raised $7.0M in total across 1 funding round.
EthStorage has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Seed in August 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 14, 2023 | $7M Seed | Dao5 | Foresight Ventures, Galxe, Gate Ventures, Sevenx Ventures, Sky9 Capital | Announced |
EthStorage has raised $7.0M in total across 1 funding round.
EthStorage's investors include dao5, Foresight Ventures, Galxe, Gate Ventures, SevenX Ventures, Sky9 Capital.
