Syntropy develops a Data Layer protocol that serves as a customizable execution layer between blockchains, enabling developers to build composable, interoperable applications that access real-time data from any chain. Its core product focuses on low-latency, decentralized data streaming and chain-agnostic data retrieval to address onchain data access pain points. The company says its technology has been validated and the fresh capital extends its runway. Syntropy plans to ship its mainnet in Q2 and to ramp up ecosystem growth thereafter. Leadership intends to leverage strategic investor expertise to scale its layer1 data streaming blockchain and expand integrations across major chains. The firm is targeting a Series A later in 2024 to fund continued development and ecosystem expansion. Alpha Sigma Capital initiated research coverage on Syntropy and highlighted several product milestones. The firm noted Syntropy launched a Distributed Autonomous Routing Protocol and a public chain. The research cited a FIFA launch success and said advanced development of a beta for web3 decentralized development is underway. The report states Syntropy secured $4,000,000 in recent funding. Alpha Sigma Capital disclosed that the Alpha Sigma Capital Fund holds Syntropy tokens.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2023