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You are at:Home » Gateway.fm raises $4.6M to provide ‘truly’ decentralized infrastructure solutions for Web3 projects
Investment & Funding

Gateway.fm raises $4.6M to provide ‘truly’ decentralized infrastructure solutions for Web3 projects

"The spirit of decentralisation at the heart of the Web3 movement has been undermined by limited access to scalable infrastructure," states Gateway.fm Co-Founder and CEO, Cuautemoc Weber.
Ravi KumarBy Ravi KumarFebruary 20, 2023Updated:February 20, 2023No Comments3 Mins Read
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Gateway.fm raises $4.6M to provide 'truly' decentralized infrastructure solutions for Web3 projects
Cuautemoc Weber, Gateway.fm Co-Founder and CEO
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Key Takeaways

  • Gateway.fm has raised $4.6 million USD in a seed funding round led by Lemniscap.
  • The funding will be used to expedite product development and the provision of advanced staking services while driving user acquisition and recruitment efforts, with a particular emphasis on scaling the company’s engineering department.
  • Gateway.fm’s product suite, which includes the Grow, Access, and Jumpstart solutions, has received strong market validation from a range of notable industry heavyweights, including 1inch, Gnosis, Ethereum Foundation, NEAR, and Polygon Labs.
  • Gateway.fm aims to provide reliable node infrastructure, best-in-class validators, and robust dev tooling to help Web3 projects scale at pace, while enticing financial institutions and enterprises to explore blockchain technology with confidence.
  • With its elite-grade, next-gen tools, Gateway is broadening the inclusivity, availability, and reliability of blockchain networks and protocols.

Gateway.fm, a decentralized blockchain infrastructure node provider, has raised $4.6 million in a seed funding round led by Lemniscap, with the participation of CMT Digital Ventures, the LAO DAO, Folius Ventures, TRGC Digital asset fund, Metaweb Ventures, Very Early Ventures, Factor Ventures, Fantom Foundation and Unstoppable Domains Ventures, and more.

The company plans to use the funds to expedite product development and advanced staking services while driving user acquisition and recruitment efforts, especially scaling the company’s engineering department.

Gateway.fm focuses on creating decentralized remote procedure call (RPC) solutions that do not rely on centralized services such as Amazon Web Services (AWS).

The company offers solutions, such as Gateway Grow, which is built for institutional staking validators across Proof-of-Stake (POS) chains like Ethereum, Gnosis, and IXO.

Gateway Access is the company’s cost-effective RPC node service built for scale and currently supports ETH, Fantom, NEAR, and Gnosis. Meanwhile, Gateway Jumpstart enables new blockchains, appchains, and protocols to accelerate mainnet launch and drive user adoption.

Gateway.fm received validation for its Grow, Access, and Jumpstart solutions from notable industry players, including 1inch, Gnosis, Ethereum Foundation, NEAR, and Polygon Labs. The company aims to provide reliable node infrastructure, best-in-class validators, and robust dev tooling to help Web3 projects scale quickly, encouraging financial institutions and enterprises to explore blockchain technology with confidence.

Gateway.fm is a leading Web3 infrastructure company that provides a pronounced market demand for infrastructure products and services supporting multiple blockchains in today’s multi-blockchain environment.

The company seeks to broaden the inclusivity, availability, and reliability of blockchain networks and protocols by facilitating a new wave of Web3 innovation. The firm’s tools offer solutions tailored to project networking needs, providing excellent infrastructure solutions for a range of sectors, including blockchain, distributed software, fintech, information security, and telecommunications.

“The spirit of decentralisation at the heart of the Web3 movement has been undermined by limited access to scalable infrastructure,” states Gateway.fm Co-Founder and CEO, Cuautemoc Weber.

Cuautemoc Weber said that the funding is a firm stamp of approval for the company’s product suite from a collection of top global investment visionaries.

Weber, along with his co-founder and CTO, Igor Mandrigin, plans to provide more reliable node infrastructure, best-in-class validators, and robust dev tooling to help Web3 projects scale faster.

Gateway.fm’s solutions could entice financial institutions and enterprises to explore blockchain technology with confidence, and the team looks committed to broadening the inclusivity, availability, and reliability of blockchain networks and protocols.

Read Also: pieFi Raises $4.6M To Build A Novel Customer Relationship Platform ‘Upside Cooperative’

CMT Digital Ventures Factor Ventures Fantom Foundation Folius Ventures Gateway.fm Lemniscap Metaweb Ventures Seed Funding the LAO DAO TRGC Digital asset fund Unstoppable Domains Ventures Very Early Ventures Web 3.0
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Ravi Kumar
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Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

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