With new funding comes growth and innovation. In this blog, we’ll highlight the recent investment rounds for Plume Network and Aligned Layer, two projects with the potential to reshape blockchain technology.
Plume is the first fully integrated Layer 1 modular blockchain designed for RWAfi (Real-World Asset Finance), providing a composable, EVM-compatible environment for the efficient onboarding and management of real-world assets.
With over 180 projects deployed on its private devnet, Plume offers a comprehensive tokenization engine and an extensive network of financial infrastructure partners, streamlining the onboarding of assets while enabling seamless integration with decentralized finance (DeFi) for RWAs. Its modular architecture ensures scalability and flexibility, allowing customized solutions for various asset classes within the RWAfi ecosystem.
Plume Network has secured a total of $30 million in funding across two rounds. The most recent funding, amounting to $20 million, was raised on December 18, 2024, through a Series A round. The new investment will accelerate the development of their proprietary Layer 1 blockchain.
Overall Fund Raised: $ 30M
Source: plumenetwork.xyz
| Series A Round - Dec 18, 2024 | |||
| Fund Raised | $ 20.00M | ||
| Investors | Tier 1 | Tier 2 | Tier 4 |
| Galaxy HashKey Capital |
SV Angel a_capital Superscrypt Haun Ventures Reciprocal Ventures Brewan Howard Digital Laser Digital Faction |
280 Capital | |
| Seed Round - May 23, 2024 | |||
| Fund Raised | $ 10.00M | ||
| Investors | Tier 1 | Tier 3 | Tier 4 |
| Galaxy | Haun Ventures SV Angel A_capital Reciprocal Ventures Superscrypt |
Portal Ventures | |
Aligned Layer is a decentralized network that efficiently verifies zero-knowledge (ZK) proofs, enhancing Ethereum's scalability and reducing gas costs. Unlike Layer 2 solutions, Aligned doesn't produce blocks but focuses on aggregating and verifying proofs.
It supports multiple proof systems, including Groth16, Plonk, SP1, and Risc0, with more on the roadmap. By utilizing proof aggregation and recursion, Aligned significantly cuts verification costs, offering up to 99% savings. It enables faster, cheaper cross-chain interoperability, empowering developers to build scalable ZK applications securely while leveraging Ethereum’s trust and decentralization.
Aligned Layer has secured a total of $22.60M in funding across two rounds, with the latest funding raised on April 25, 2024, through a Series A round.
Overall Fund Raised: $ 22.60M
Source: alignedlayer.com
| Series A Round - 25 Apr 2024 | ||||
| Fund Raised | $ 20.00M | |||
| Investors | Tier 2 | Tier 3 | Tier 4 | Tier 5 |
| Hack VC | da05 Everest Ventures Symbolic Capital Finality Capital Partners |
Nomad Capital L2 Iterative Ventures J17 Capital Decima Theta Blockchain Ventures GM VC |
Protagonist | |
| Seed Round - Apr 14, 2024 | ||||
| Fund Raised | $ 2.60M | |||
| Investors | Tier 3 | Tier 4 | ||
| Lemniscap Bankless Ventures |
StarkWare Paper Ventures 01Labs |
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In summary, both Plume Network and Aligned Layer have secured substantial funding to push the boundaries of blockchain technology. Plume is driving innovation in real-world asset finance with a scalable, modular blockchain, while Aligned Layer is enhancing Ethereum’s scalability with cost-effective zero-knowledge proof verification. These projects are set to play pivotal roles in the future of blockchain technology.
Xterio games | https://x.com/XterioGames
OGC | https://x.com/OGCommunity_X
Mint Blockchain | https://x.com/Mint_Blockchain
