RISE Chain raised $4 M in a new round of funding on 2025-06-06.
According to media reports, RISE Chain raised $4 M in a new round of funding on 2025-06-06. the investors in this funding round include Galaxy Ventures and others. Following this round, RISE Chain's total funding reached $7 M.
RISE Chain is an Ethereum Layer2 that developed and open-source pevm, a parallel EVM engine. RISE prioritizes Ethereum alignment and decentralization. With its optimized database and state access methods, RISE expects full node operation to run efficiently with 32 Gigabytes of RAM.
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Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | $4 M | -- | 2025-06-06 | Galaxy Ventures |
Key Milestones
- 2025-06-07RISE Chain raised $ 4 M in funding round
- 2024-09-16RISE Chain raised $ 3.2 M in Seed round
- GT-1.78%
- BTC-2.73%
- ETH-3.72%