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Layer is building a decentralized application layer for the web3 ecosystem, empowering developers to create full-stack decentralized protocols. Their core offering, WAVS (Wasi-AVS runtime), is a…

Layer is building a decentralized application layer for the web3 ecosystem, empowering developers to create full-stack decentralized protocols. Their core offering, WAVS (Wasi-AVS runtime), is a…
What they do: Rust/WASM stack (WAVS) for verifiable off-chain compute and full‑stack decentralized apps
Stage & funding: Seed — $6M announced
Founders: Jake Hartnell, Sam Cassatt, Ethan Frey
Focus: Decentralized compute (AVSs), multichain interoperability, developer tooling
Verifiable off‑chain computation and developer tooling for Web3 decentralized applications and multichain protocols.
2024
Blockchain / Web3 infrastructure
6000000.00 USD
Participation from Fabric Ventures, Arrington Capital, Stake Capital Group, Third Earth Capital, Founder Heads, IOBC; angel backers named in announcement.
“Led by 1kx with participation from Fabric Ventures, Arrington Capital, Stake Capital Group, Third Earth Capital, Founder Heads and IOBC”
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