Crypto

Linea

Linea raises $250M Series B at $1.2B valuation

$250M
Total Raised
Series B
Latest Round
2022
Founded
120+
Employees
San Francisco, CA
1 min read

Quick Facts

Valuation
$1.2B
Latest Round Size
$250M
Latest Round Date
November 2024

Linea: Series B Funding Round

Linea has successfully raised $250M in Series B funding, reaching a valuation of $1.2B.

Company Overview

Layer 2 scaling solution for Ethereum blockchain

Funding Details

The Series B round was led by Consensys, with participation from Dragonfly Capital.

Company Information

  • Headquarters: San Francisco, CA
  • Founded: 2022
  • Employees: 120+
  • Category: Crypto

Investment

Linea plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Consensys: Verified investor in Series B
  • Dragonfly Capital: Verified investor in Series B

Key Investors

Consensys
Lead Investor
Verified investor in Series B
Dragonfly Capital
Investor
Verified investor in Series B

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources