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Linera

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Building a new blockchain protocol with low-latency applications in mind

Menlo Park, United StatesFounded 2021Other B2B Software

Valuation $0–100M Latest valuation · 2023

Revenue <$1M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Linera

Linera, also known as Zefchain Labs, is a company developing a Layer 1 blockchain protocol specifically engineered for web3 applications that demand low latency and high scalability. The protocol's architecture is centered around the concept of "microchains," which allows for a virtually unlimited number of parallel chains. This design enables the network to support a high volume of simultaneous transactions, a significant advantage for applications such as retail payments, gaming, messaging, and proprietary trading.

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By providing each user wallet with its own dedicated user chain, Linera aims to address the scalability challenges that have hindered the performance of traditional multi-chain protocols. The company asserts that its technology facilitates "real-time" applications, a claim substantiated during its Archimedes Testnet. Founded in 2021 by Mathieu Baudet, the San Francisco-based company has secured $12 million in funding over two rounds from sixteen investors. The business model is likely centered on transaction fees and providing enterprise-level solutions for businesses looking to build on their scalable blockchain infrastructure.

Source: Dealroom company data