Optimum has successfully completed an $11 million seed funding round led by 1kx to build the missing memory layer in the Web3 ecosystem.

The round saw participation from prominent industry investors including Robot Ventures, CMT Digital, Spartan, Finality Capital, SNZ, Triton Capital, Big Brain, CMS, LongHash, NGC, Animoca, GSR, and Caladan. Additionally, notable angel investors such as Abhijeet Mahagaonkar (CTO of Polychain), Arthur Cheong (Founder of DeFiance Capital), Sandeep Nailwal (Co-founder of Polygon), Tal Tchwella (Head of Product at Solana), and Zaki Manian (Co-founder of Sommelier) also joined the round.

The funds raised will be used to develop the OptimumP2P protocol and the deRAM infrastructure, with a focus on realizing the vision of a decentralized memory layer.

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