The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million.
The Celestia Foundation has secured $100 million in a funding round led by Bain Capital Crypto, with contributions from investors like Syncracy Capital, 1kx, Robot Ventures, and Placeholder.
According to a Sept. 23 announcement, the capital raised brings Celestia’s total fundraising to date to $155 million after a recent launch as one of the first modular data availability layer protocols.
The startup targets one of the key challenges in blockchain networks: scalability and data availability.
