Polybase Secures Pre-Seed Funding on June 1, 2022

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According to industry reports, Polybase completed its Pre-Seed funding round on June 1, 2022. Investors in this round included 6th Man Ventures, Protocol Labs, and Orange DAO, among others. Following this round, Polybase’s total cumulative funding reached $2 million.Polybase is an advanced zk-rollup protocol offering native support for pluggable data storage and indexing. Compared to traditional centralized databases such as Firebase or Postgres, Polybase delivers significant advantages. Developers can encrypt data using wallets to achieve “self-sovereign data ownership” and conduct verifiable queries from smart contract collections on Polybase.This funding round highlights robust market demand for decentralized data storage solutions. As the Web3 ecosystem continues to evolve, data sovereignty and privacy protection are becoming increasingly critical. Polybase’s technological innovation is expected to provide the blockchain sector with more secure and efficient data management solutions, further advancing the industry as a whole.

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BASE Fundraising History
RoundAmountValuationTimeInvestor(s)
Key Milestones
  • 2023-03-22
    Polybase raised $ 2 M in Pre-Seed round
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