Announcing a New $25 Million Fund for SuperLayer, Led by Polygon
The $25M in funding will be used to expand SuperLayer’s unique operating model, investing in new projects and building premium Web3 products for rapid mass adoption.
We are pleased to announce a $25 million fund led by anchor investor and strategic partner Polygon, an Ethereum scaling platform onboarding millions to Web3.
Polygon is a layer-2 scaling solution for Ethereum’s stress-tested blockchain, enabling new classes of projects to excel, in part by lowering previously prohibitively expensive transaction costs to a few cents. This benefits both entrepreneurs and end users; Polygon reduces the network load for much of the industry and creates a more sustainable path forward for Web3. The anchor fund investment from Polygon provides us with additional opportunities to expand and strengthen SuperLayer’s ecosystem of projects, partnering with founding teams on development, design, and the fundraising required to scale projects that meet the needs of consumers around the world.
Given SuperLayer’s focus on speed and quality, Polygon is a natural partner with industry-leading protocols designed to fix blockchain scalability issues that have slowed innovation. Polygon’s technology removes critical costs and congestion barriers to mass-scale consumer adoption, and its thriving ecosystem offers an extraordinary environment for growth and collaboration, opening the door for transaction-intensive crypto projects like SocialFi, GameFi, NFTs, and DeFi to reach their full potential. Together, alongside Polygon’s networks of partners and entrepreneurs, we are committed to launching the next generation of companies that make Web3 accessible to mainstream audiences.
As a Web3 venture studio that supports its projects long after launch, SuperLayer differentiates itself from other VCs and accelerators with its success in helping brands and companies to implement tokenized economies using the RLY Protocol. Working with us lowers the risk of unsuccessful outcomes with access to our diverse, hands-on startup studio expertise, including community, compliance, go-to-market, partnerships, and more — all of the critical areas to win in Web3. Furthermore, with the winning Web3 track record of our founders and core team, projects in the SuperLayer ecosystem gain credibility in the Web3 space.
“Given SuperLayer’s focus on speed and quality, Polygon is a natural partner with industry-leading protocols designed to fix blockchain scalability issues that have slowed innovation,” said Kevin Chou, Managing Partner of SuperLayer. “Polygon’s technology removes critical costs and congestion barriers to mass-scale consumer adoption, and its thriving ecosystem offers an ideal environment for growth and collaboration, opening the door for transaction-intensive crypto projects like SocialFi, GameFi, NFTs, and DeFi to reach their full potential. Our team at SuperLayer is excited to support ambitious projects to build on Polygon.”
We will continue launching projects with quick go-to-market strategies, ecosystem sustainability, and interoperability in mind. This strategic partnership with Polygon will allow us to continue delivering Web3 projects to communities while helping an entire ecosystem of dApps work together.
“SuperLayer’s track record for Web3 innovation is unrivaled, and the projects spun out of the studio are a testament to their expertise. We’re delighted to partner with SuperLayer to explore creative new use-cases and products that people want to utilize and that can positively influence the future of Web3,“ said Sandeep Nailwal, Co-Founder of Polygon.
“Polygon is a layer-2 scaling solution for Ethereum’s stress-tested blockchain, enabling new classes of projects to excel, in part by lowering previously prohibitively expensive transaction costs to a few cents. This benefits both entrepreneurs and end users; Polygon reduces the network load for much of the industry and creates a more sustainable path forward for Web3. With this investment and strategic partnership, SuperLayer is enthusiastic about shipping projects to lead the way on Polygon,” said Kevin Chou, Managing Partner of SuperLayer.
