According to ChainCatcher, OpenLayer has completed a $5 million seed round of financing, with participation from a16z Crypto Startup Accelerator (CSX), Geometry, IOSG Ventures, Spartan Group, LongHash Ventures, and undisclosed angel investors such as EigenLayer, AltLayer, Puffer Finance, and Sei Network.
The financing process started in June and ended in August. This round of financing adopted a Simple Agreement for Future Equity (SAFE) structure. OpenLayer plans to launch its own token in the future. Currently, OpenLayer in the United States has 7 employees and plans to hire two more engineers.