Espresso Systems provides scaling and privacy systems for Web 3 applications. The company specializes in the emerging blockchain field of shared sequencing, where sequencers are responsible for verifying and batching transactions made on layer-2 blockchains and then sending them back to a layer-1 chain like Ethereum to be settled.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 03/22/24 | $28,000,000 | Series B |
Andreessen Horowitz o1Labs Offchain Labs Polygon  StarkWare Taiko | undisclosed |
