Tuesday, February 4

Cross-chain messaging infra provider Notifi has raised $10 million in a seed funding round co-led by Hashed and Race Capital. The web3 infra provide said that Struck Capital, HRT Capital, Wintermute, Superscrypt founded by Temasek, and others have also participated in the oversubscribed round.

Notifi is addressing the broken communications model in Web3, which is not only fragmented across multiple messaging platforms like Telegram and Discord but also different layer 1 and layer 2 ecosystems. To close the communications gap, Notifi provides simple SDKs that allow developers to integrate 1:1 user communication into their dApps.

Notifi allows for simplified communication and user engagement across all blockchains and Web3 messaging channels, including Discord, Telegram, SMS, and Twitter.

Designed with simple APIs for easy integration and customizable and advanced features for dApps and Web3 applications, Notifi is the go-to communication infrastructure platform for Web3 developers and creators. 

The Notifi SDK allows Web3 developers to easily embed messaging and notification functionality directly within their dApps and platforms, enabling users to opt-in to and manage alerts across Telegram, SMS, and Email.

Chris McCann, general partner at Race Capital, said:

“The team behind Notifi is just as exciting as the product. Paul and Nimesh bring years of infrastructure experience from Amazon Web Services, Microsoft, Oracle and Circle to web3. We at Race Capital could not be more thrilled to partner with them in this new round of seed funding and to support them on their mission to empower all web3 builders to better communicate and interact with their users.”

Among its many use cases, Notifi’s communication infrastructure powers real-time liquidation alerts for DeFi protocols like LP Finance and Hedge; price and auction alerts for NFT marketplaces like Hyperspace and Holaplex; and governance proposal alerts for DAO platforms like Solana Realms and Astro DAO–keeping users informed in real-time via their preferred communication channels.

Designed to offer a seamless cross-chain user experience, Notifi currently supports Solana, Near, and Ethereum.

With the new capital, Notifi is now expanding support to Polygon, Avalanche, Aptos, and Sui. Initial launch partners include SynFutures on Polygon; Pocket Worlds on Avalanche; and Pontem Networks, Aries Market, Shinami, and Ethos Wallet on Aptos & Sui.

Notifi had previously raised $2.5 million in pre-seed funding, bringing its total funding to $12.5 million.

Read Also: Game Studio Mighty Bear Raises $10M to Build Immersive AAA Web3 Games

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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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