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Emilis Klybas

Syntropy Bolsters Cap Table with New Strategic Investors

March 14, 2024
Announcements

As Syntropy gears up for its upcoming mainnet launch in Q2 of 2024, the company has added several high-profile crypto investors to its cap table. This new capital will help fuel Syntropy's continued growth as it builds real-time data infrastructure solutions for Web3.

Welcoming our New Investors

"We're thrilled to welcome this acclaimed group of blockchain investors to Syntropy," said Daniel Haudenschild, CEO. "Their deep expertise and networks will be invaluable as we scale the Syntropy Layer 1 data streaming blockchain."

In this exciting phase of growth and innovation, Syntropy warmly welcomes a distinguished group of new strategic investors, brought on board with the expert support of Goldich Consulting. One of the key names is CMCC, whose involvement is based on a shared commitment to advancing the development of decentralized real-time data infrastructure.

“We are thrilled to be leading this investment round in Syntropy. The project is innovating in providing Web3 data streaming services, allowing developers and enterprises to build responsive, data-driven products. Syntropy will be an important enabler of the next wave of Web3 applications and we are excited to be supporting such a passionate team.” - Charlie Morries, Co-Founder, CMCC

Alongside CMCC, we’re joined by Polygon Ventures, HV Capital, Faculty Group, Wave Capital, Moonrock Capital, DVNCI Capital, TRGC, Mapleblock Capital, AntAlpha, and Public Works. Each investor brings a unique blend of expertise, vision, and support to our ecosystem. They’re all visionaries in their own right, and know what it’s like to drive game-changing platforms towards mass adoption.

“As the blockchain ecosystem matures, the ability to amalgamate, interact and retrieve on-chain data is becoming an increasingly important primitive for scaling. To this end, Syntropy provides real-time, decentralized data services that lay the foundations for the development of more sophisticated on-chain use cases. We’ve been impressed by the team’s ability to execute their vision and excited to support them on their journey” - Yaroslav Writtle, Partner, Faculty Group

Syntropy’s Upcoming Series A

The new investors were attracted to Syntropy's vision of creating real-time, chain-agnostic data infrastructure for developers. This solves one of the biggest pain points in Web3 today - accessing reliable, low-latency on-chain data across different blockchains. With its technology validated and more firepower added to its cap table, the company is poised to raise its Series A later in 2024 as it focuses on shipping its mainnet and ramping up ecosystem growth.

About Syntropy

Syntropy powers modular, interoperable data infrastructure across all major chains. At its core lies the Data Layer, a protocol serving as the customizable execution layer between all blockchains, allowing developers to build composable, use-case-specific, interoperable applications that can execute on any data from any chain.

To learn more about Syntropy, visit the Syntropy website, Twitter, Telegram, Discord or blog.

Media Inquiries

Emilis Klybas

Marketing Manager

emilis@syntropynet.com