Polygon Leads $25 Million Fund For Web3 Venture Studio SuperLayer

Polygon is pleased to reveal that it has led a $25 million funding round for Web3 venture studio SuperLayer. This partnership and funding will help spread SuperLayer’s vision of accelerating the most promising Web3 platforms and projects.

SuperLayer is led by managing partners Kevin Chou and Mahesh Vellanki, both founders of multiple leading Web3 companies, including blockchain gaming firm Forte. Prior to founding Forte, Chou successfully built the gaming company Kabam, which was acquired for more than $800 million in 2017. 

This anchor fund investment from Polygon will provide SuperLayer with additional opportunities to expand and strengthen its ecosystem of projects, partner with founding teams on development, and unlock the fundraising required to scale products and services that meet the needs of consumers all around the world.

Together, alongside their networks of partners and entrepreneurs, SuperLayer is committed to launching the next generation of companies that make Web3 accessible to mainstream audiences. The funding announcement comes shortly after the beta release of the SuperLayer-backed platform Taki, a token-powered social network that has reached over 750,000 people worldwide since its launch in April 2022.

SuperLayer seeks to differentiate itself from other accelerators by supporting its projects long after their launch, working to aid both brands and companies in implementing tokenized economies via the RLY Protocol. Working with SuperLayer increases the likelihood of successful outcomes thanks to the team’s hands-on startup studio expertise. 

The platform also supports critical infrastructure surrounding Web3, including community, compliance, the go-to-market, partnerships, and more. Furthermore, with the track record of SuperLayer's founders and core team, projects in the venture studio’s ecosystem are able to gain credibility in the Web3 space.

SuperLayer will continue launching projects with quick go-to-market strategies, ecosystem sustainability, and interoperability in mind. The strategic partnership with Polygon allows SuperLayer to continue delivering Web3 projects to communities while also helping an entire ecosystem of dApps to work together.

Tune in to the Polygon Blog for the latest ecosystem updates, and let's bring the world to Ethereum!

Website | Twitter | Ecosystem Twitter| Developer Twitter | Studios Twitter | Telegram | Reddit | Discord| Instagram | Facebook | LinkedIn

More from the Polygon Blog
The Many Lives of Tokens

Tokens are the élan vital of Web3 networks, and projects are often perceived through the price at which they trade. But token price, subject to market sentiment and speculation, is not synonymous with token value. To understand the fundamentals, we must first unpack the different ways that value accrues to tokens in the new Internet […]

Read More
Going Beyond the Green Manifesto: Our New Impact Commitment 

With Ethereum’s Merge finally upon us, we’ve been thinking about how this historic milestone will affect our sustainability efforts. Polygon’s initial commitment to become carbon neutral and eventually carbon negative was largely addressing emissions generated by our relationship with Ethereum. The Merge dramatically changes that equation. Ethereum’s transition from Proof-of-Work to Proof-of-Stake consensus, known as […]

Read More
Starbucks Taps Polygon for Its 'Starbucks® Odyssey' Web3 Experience 

Today, we are thrilled to announce that Starbucks Coffee Company is working with Polygon to provide the blockchain technology to build its recently announced Web3 experience, Starbucks Odyssey. As a result of the partnership, this new Web3-powered experience will allow Starbucks Rewards loyalty program members and Starbucks partners (employees) in the United States to earn […]

Read More
Polygon Avail’s Ability to Scale: What We Can Improve Next

The Polygon Avail Testnet is now live. As users begin incorporating Avail into their chain designs, a question that often comes up is, “How many transactions can Avail process?” This is Part Two in a three-part series of articles that will address Polygon Avail’s current performance, as well as its ability to scale in the […]

Read More
Ethereum Merge FAQ and Common Misconceptions

Ethereum’s much-anticipated transition to the proof of stake (PoS) consensus, known as the Merge, is almost upon us. It’s a momentous event with broad-ranging implications for the greater Ethereum ecosystem. So we wanted to provide a definitive list of frequently asked questions (and answers) as well as address some of the common misconceptions, both of […]

Read More
Polygon-Powered Icetea Labs Accelerator Launches With 6 Startups

Polygon has teamed up with Alpha Venture DAO and Icetea Labs to launch the inaugural Icetea Labs Accelerator Program for blockchain startups.  Working in a tight three-way partnership, Polygon is co-creating an accelerator to funnel resources, mentorship, education, and business acumen to promising Web3 companies from around the world. The startups selected for the accelerator […]

Read More
Apply to Polygon Bootcamp Africa and Kickstart Your Web3 Developer Journey

Applications are open for Polygon Bootcamp Africa, launched in partnership with Xend Finance! The eight-week intensive educational course and hackathon combo will put developers in Africa on the Web3 map.  This is Polygon’s biggest step in providing resources to developers, builders, and creators in Africa, and it comes during an important time.  An internet and […]

Read More
ZK White Paper: Efficient ZK Proofs for Keccak

As part of our ongoing efforts to inform the Ethereum community about the efforts of Polygon’s zero-knowledge (ZK) teams, we will be posting a series of technical papers by our engineers and researchers. We hope that everyone who’s interested in the inner workings of Polygon’s ZK projects, Ethereum itself, and cryptographic engineering in general will […]

Read More
crossmenuchevron-down-circle