EthStorage is a Layer 2 storage rollup built on top of Ethereum that offers a programmable, dynamic key-value store. It leverages Ethereum data availability improvements, specifically EIP-4844 and Danksharding. The platform periodically submits storage proofs from its Layer 2 network to Ethereum L1 to capitalize on mainnet security while increasing storage capacity at lower cost. EthStorage plans to use the funds to expand operations and accelerate development efforts. The company raised $7M in Seed funding at a $100M valuation and received two grants from the Ethereum Foundation Ecosystem Program. EthStorage was founded last year by Qi Zhou.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2023