Manta Network
MANTA
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| Series A | $25M | $500M | Jul 19, 2023 | |
| Strategic | -- | -- | Feb 17, 2022 | |
| -- | $6M | -- | Oct 20, 2021 | |
| -- | $2M | -- | Feb 02, 2021 |
| Project | Funding Status | Region | Categories | Ecosystem | Founded | Token Issuance |
|---|---|---|---|---|---|---|
 Ultiverse | Strategic | Metaverse Gaming | Jan 01, 2022 | With Token | ||
 Elfin Metaverse | Gaming | Jan 01, 2021 | No Token | |||
 Yooldo | Game Platforms Gaming | Immutable X Linea | Jan 01, 2022 | No Token | ||
 Hyperverse | Seed | Dev Platform Infra | Flow Ethereum Algorand | Jan 01, 2019 | No Token | |
 DIN | Chinese Mainland | Tools AI Data & Analysis | Jan 01, 2022 | No Token | ||
 Cycle Network | Strategic | Layer2 Infra | Jan 01, 2023 | No Token | ||
 Dropnest | Asset Management DeFi | Jan 01, 2024 | No Token |
Manta Network is an emerging leader in the modular blockchain landscape, focusing on zero-knowledge (ZK) application development. It was founded in 2020 by a team of experts with prestigious backgrounds from institutions like Harvard, MIT, and Algorand. The network has attracted significant investment from key players in the web3 sector, including Binance Labs and Polychain Capital.
Manta Network operates through two distinct layers, each serving specific Web3 development needs: Manta Pacific (Layer 2 on Ethereum), this layer is tailored for Ethereum Virtual Machine (EVM)-native ZK applications. Manta Atlantic (Layer 1 on Polkadot), this layer focuses on ZK compliance credentials and introduces zkSBTs for a private, reusable, and auditable address system.
In summary, Manta Network is a key innovator in the modular blockchain arena, integrating advanced cryptographic solutions with user-friendly tools, and focusing on security, scalability, and accessibility of blockchain technology for Web3 development.