Solana-based real-time engine MagicBlock has raised $7.5 million in a seed round to accelerate the development of fully onchain, high-performance games and decentralized applications (dApps).
MagicBlock, a cutting-edge real-time execution engine for decentralized games and applications built natively on Solana blockchain, has successfully raised $7.5 million in a Seed round. The funding was led by Lightspeed Faction, with participation from leading Web3 investors including Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium, and Pivot Global. Notable angel investors in this round include Anatoly Yakovenko (co-founder of Solana), Mert Mumtaz (Helius Labs), and Tristan Yver (Jito Labs).
MagicBlock: The Future of Real-Time, Fully Onchain Solana Applications
This latest funding round follows a $3 million strategic investment by a16z CSX in September 2024, bringing MagicBlock’s total funding to $10.5 million. The company is on a mission to enable real-time decentralized applications with ultra-low latency, elastic throughput, and full composability—without relying on Layer 2 solutions or compromising liquidity.
MagicBlock’s proprietary Ephemeral Rollups are revolutionizing the way dApps are built on Solana. This breakthrough technology allows developers to build customized, high-performance onchain applications—including DeFi protocols, blockchain games, and real-time communication networks—without facing the typical trade-offs of appchains or rollups that require bridging.
What Sets MagicBlock Apart?
While most app-specific chains (appchains) force developers to compromise between speed, liquidity, and composability, MagicBlock delivers the best of all worlds:
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Native Solana compatibility without fragmentation.
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Ultra-low latency and gas-efficient execution.
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Full access to Solana’s deep liquidity and composable ecosystem.
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Support for custom modules, such as real-time pricing feeds and institutional-grade environments.
Real-World Use Cases and Strategic Partnerships
MagicBlock is already powering several leading projects in the Solana ecosystem:
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Flash Trade – A decentralized derivatives exchange utilizing MagicBlock’s ephemeral rollups for instant, gas-efficient trades.
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Supersize – A fully onchain, real-time multiplayer game built for verifiability and composability.
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dTelecom – A decentralized communications network delivering ultra-low-latency, low-cost calls powered by ephemeral rollups.
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Pyth Lazer – Offers 1ms real-time price streams to enhance DeFi trading experiences.
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Jito – Enhances Solana validator infrastructure with restaking capabilities and faster execution times.
These partnerships exemplify how MagicBlock is becoming the preferred execution layer for developers building high-frequency trading apps, Web3 games, and next-gen decentralized infrastructure.
A Word from the Founders
“Every application developer wants to build on the fastest chain with the deepest liquidity — that’s Solana. But they also want the customizability and real-time performance of a Web2 server. With MagicBlock, they don’t have to choose,”
– Andrea Fortugno, Co-Founder of MagicBlock