The Ethereum scaling technology developer raised two rounds this year, having spun out of Princeton in 2018.

Offchain Labs, a US-based blockchain scaling technology developer spun out of Princeton University, has raised $120m across two rounds this year with participation from quantitative trading firm Alameda Research.
Venture Capital firm Lightspeed Ventures led the $100m series B round at a $1.2bn valuation. Polychain Capital, Pantera Capital, Ribbit Capital, Redpoint Ventures and private investors including Mark Cuban also backed the series B round.
Offchain raised $20m in its April 2021 series A from undisclosed investors, following a…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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