Helius Raises $3.1M to Make Solana App Building 'Faster and Cheaper'
Solana infrastructure startup Helius today announced that it raised a $3.1 million seed round co-led by Reciprocal Ventures and Chapter One, in an effort to provide the tools to help developers build Web3 applications in less time and for less money.
Co-founded by engineers formerly of Coinbase and Amazon Web Services, Helius raised funds from a number of notable VCs, including Solana Ventures, Alchemy Ventures, Big Brain Ventures, and Propel VC, among other firms, along with angels like Magic Eden co-founder Zhuoxun Yin and Squads co-founder Stepan Simkin. Mert Mumtaz, co-founder and CEO of Helius, told Decrypt that he started building tools for the Solana ecosystem in summer 2021.
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