Caldera Raises $15 Million in Series A Funding to Develop Ethereum Rollup Platform

Jul 24, 2024, 01:59 PM

Caldera has successfully raised $15 million in a Series A funding round led by Peter Thiel's Founders Fund. The funding will be used to develop the Metalayer, a platform aimed at enabling the deployment of Ethereum rollups with a single click. This round brings Caldera's total funding to $25 million. The company aims to make Ethereum go web-scale and continues to build partnerships with entities such as Treasure DAO and Arbitrum Orbit ecosystem.