Altius Labs Raises $11M to Revolutionize Blockchain Infrastructure

Altius Labs Raises $11 Million in Pre-Seed Funding to Revolutionize Blockchain Performance and Interoperability

[City,February 18, 2025 – Altius Labs, a groundbreaking blockchain infrastructure company, has announced the successful closure of an $11 million pre-seed funding round. The round was co-led by Founders Fund and Pantera Capital, with significant participation from Archetype, Reforge, DCG, No Limit Holdings, Amber Group, and a host of influential angel investors from prominent projects such as Berachain, Movement, Ethena Labs, Ritual, dao5, Solana Foundation, and Hudson River Trading.


Altius Labs is developing a VM-agnostic modular execution stack designed to dramatically improve blockchain performance and interoperability. This innovative approach separates the execution stack from a single binary implementation and network design, allowing seamless integration with any Layer-1, Layer-2, and application-specific blockchains. This integration instantly enhances performance and fosters a more interconnected blockchain ecosystem.


The company was founded by Anit Chakraborty, a seasoned software engineer with over 15 years of experience at Hudson River Trading, and Annabelle Huang, former managing partner at Amber Group. Their combined expertise in high-frequency trading (HFT) systems and cryptocurrency markets positions Altius Labs to tackle the critical challenges facing blockchain technology today.


The Problem and Altius Labs' Solution:

Existing blockchain networks often struggle to meet the increasing demands for high performance and seamless interoperability. Building cutting-edge execution infrastructure is a complex and time-consuming process, and technology can quickly become outdated. Altius Labs addresses this challenge by offering a modular execution stack that acts as a plug-and-play performance booster for any blockchain. This allows developers to focus on building innovative applications rather than constantly upgrading their infrastructure.


Key Features and Benefits of Altius Labs' Technology:

  • High-Performance Execution Stack: Delivers a significant speed increase, reaching gigagas per second performance, representing orders of magnitude improvement.
  • VM-Agnostic and Modular: Compatible with multiple virtual machines (VMs), starting with EVM, and designed for easy integration and future upgrades. This promotes horizontal integration across different blockchains, facilitating transaction-level composability.
  • Seamless Integration: Easily integrates with existing blockchain networks without requiring migration or specialized hardware, ensuring accessibility and decentralization.
  • Improved Interoperability: Enables seamless communication and interaction between different blockchains, fostering a more interconnected and collaborative ecosystem.


Investor Quotes:

Joey Krug, General Partner at Founders Fund: “Altius’ VM-agnostic modular scaling solution promises an order of magnitude improvement in gas per second while maintaining decentralization. With Annabelle’s leadership and the team’s technical expertise, Altius is well-positioned to capture this market.”

Paul Veradittakit, Managing Partner at Pantera Capital: “The team under Annabelle’s leadership understands the rapid pace of technological change in our industry and is well-positioned to deliver this next-generation modular execution layer that will achieve upgradeable hyper-performance without chains needing to dedicate resources.”


About Altius Labs:

Altius Labs is a blockchain infrastructure company focused on enhancing performance and interoperability across the blockchain ecosystem. Founded by experienced professionals from the HFT and cryptocurrency industries, Altius Labs aims to empower developers and users with the tools they need to build and interact with the next generation of decentralized applications.


About Founders Fund:

Founders Fund is a venture capital firm investing in companies building revolutionary technologies.


About Pantera Capital:

Pantera Capital is the first U.S. institutional asset manager focused exclusively on blockchain technology.

Compiled by CMO Intern team




Contact CMO Intern:

[cmointern.media@gmail.com]


Follow and connect with us on:👉 LinkedIn | Facebook | Twitter (X) | Substack

CMO Intern Ecosytem: C-News | C-Talents | C-Agency

Post a Comment

0Comments
Post a Comment (0)

#buttons=(Accept !) #days=(20)

Our website uses cookies to enhance your experience. Learn More
Accept !