Locations
Menlo Park, CA, USA
industry
Blockchain and Crypto · Information Technology · Mobile, Platforms, and Apps · Security · Software
Size
11-50 employees
Stage
Series B
founded in
2022
Espresso Systems builds the infrastructure & incentive mechanisms to ensure that all chains can work together as one. The Espresso Network provides chains with fast, reliable confirmations of their own state, as well as the states of other chains. Its versatility also means chains can use the Network for decentralized sequencing and data availability. Espresso Research explores the design space of cross-chain composability, defines the role of the Espresso Network within it, and collaborates with design partners to develop and test innovative proposals. Founded in 2022, the company has raised $60 million from partners including a16z Crypto, Greylock Partners, and Electric Capital.
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