Solana's atomic SVM Layer2 Sonic announced the completion of a $12 million Series A financing round, led by Bitkraft, with participation from Galaxy Interactive, Big Brain Holdings, Matt Sorg (Solana founding team), Nom (Bonk) and other institutions and individuals.
This round of financing will be used to promote Sonic's product upgrades and ecological expansion. As the first SVM L2 to achieve atomic interoperability with Solana, Sonic can quickly synchronize its Layer2 network with the Solana mainnet status. Developers can share the mainnet's Program, status, and data without repeatedly deploying contracts. In addition, Sonic has also integrated infrastructure adapted to Solana game development and deployment - such as sandbox environments, customizable game development modules, and scalable data types, combined with the parallel execution of the Solana virtual machine (SVM) and the characteristics of the localized transaction fee market, to provide on-chain game players with faster transaction speeds, lower and more stable transaction fees. To achieve a faster and smoother on-chain gaming experience.
Sonic is committed to leading more developers to join the Solana gaming ecosystem by launching an incubation fund and acceleration program to help them familiarize themselves with the Sonic SVM (Solana Virtual Machine) and HyperGrid expansion framework. HyperGrid is designed to allow developers to seamlessly deploy new game engines and virtual machines in the Solana environment. It acts as a grid deployment toolkit to start a new SVM environment and create an independent space for each new game on the Solana network.
Solana is currently the most user- and developer-friendly public chain, thanks to its low barrier to entry and the explosive growth of Meme. However, the development of the Solana gaming ecosystem has not yet achieved success that matches its scale, which is exactly what Sonic hopes to solve through technological innovation. Through Sonic, developers can deploy their own exclusive SVM chain with one click, thereby promoting more game narratives to land on Solana.
Sonic CEO Chris Zhu said: "In the past two years, we have worked with hundreds of Web3 games to help them achieve monetization and asset issuance. We attach great importance to Solana because it provides a complete tool and framework for games. We believe that Sonic SVM will be the key to catalyzing the explosion of the Solana game ecosystem. With our support, thousands of games will be able to land and enter the public eye."
“The Mirror World team has demonstrated amazing resilience, adaptability, and creativity, and Sonic SVM and HyperGrid will lead the way for Solana and the entire gaming ecosystem,” said Jens Hilgers, partner at Bitkraft. “We firmly believe that as Solana continues to attract market attention, it will become the future paradigm for Web3 gaming.”
Sonic was created by Mirror World Labs, a gaming company that has been deeply involved in the Solana ecosystem for a long time. Following a $4 million seed round in early 2022, this Series A round will bring its total financing to $16 million. Mirror World Labs focuses on developing Solana gaming infrastructure, covering all stages of the game life cycle, as well as a full set of technical solutions for game development.
About Sonic
Sonic is Solana’s first atomic SVM L2, designed to enable a sovereign gaming economy that is ultimately settled on Solana. Powered by HyperGrid, a core technology developed by Mirror World, Sonic grids Solana, allowing developers to deploy custom Sonic Solana virtual machines (SVMs), providing them with huge scaling advantages.
About Mirror World Labs
Mirror World Labs is the team behind Sonic, dedicated to amplifying the innovative potential of the Solana gaming ecosystem, providing a full set of technical solutions covering the entire life cycle of games: Web2/Web3 login, NFT market inheritance, wallet integration, NFT Launchpad, and Solana’s customizable Solana Rollups solution
