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MagicBlock Raises $7.5M to Build on Solana

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MagicBlock Raises $7.5M to Build on Solana

MagicBlock secures $7.5M to advance real-time, app-specific extensions on the Solana blockchain. The funding supports growth of its ephemeral rollup technology for scalable web3 applications.

By Eliza Crichton-Stuart author avatar

By Eliza Crichton-Stuart

Updated April 25th 2025

MagicBlock Raises $7.5M to Build on Solana

MagicBlock, a real-time engine designed for decentralized applications and games on the Solana blockchain, has raised $7.5 million in a seed funding round. The round was led by Lightspeed Faction and included investments from Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium, and Pivot Global. Prominent angel investors such as Anatoly Yakovenko, Mert Mumtaz, and Tristan Yver also participated.

MagicBlock Raises $7.5M

This funding will support MagicBlock’s efforts to build real-time, fully on-chain applications natively on Solana. The company aims to provide developers with the tools needed to create decentralized applications that benefit from ultra-low latency and high composability without relying on layer 2 solutions. MagicBlock’s infrastructure is designed to deliver performance that closely resembles traditional web-based servers while maintaining the advantages of a decentralized environment.

MagicBlock Raises $7.5M to Build on Solana

MagicBlock Raises $7.5M to Build on Solana

Building on Momentum from Prior Investment

The latest funding round follows a $3 million investment led by a16z CSX in September 2024. With this new capital, MagicBlock is accelerating its development efforts and strengthening its position as an execution layer for web3 applications built on Solana. Unlike traditional appchains that often require a tradeoff between access to liquidity and application-level customization, MagicBlock offers both. Its infrastructure provides elastic throughput and low latency while preserving full access to Solana’s composable ecosystem.

Innovation Through Ephemeral Rollups

At the core of MagicBlock’s offering is its ephemeral rollup technology, developed by cofounders Andrea Fortugno and Gabriele Picco. This approach allows developers to build app-specific extensions directly on Solana without the need for bridging or complex architecture. These extensions, also known as plugins, include features such as real-time pricing feeds, custom transaction sequencing, and permissioned environments tailored to institutional requirements.

Ephemeral rollups enhance Solana’s performance by offering the flexibility and responsiveness often found in centralized systems, while maintaining the trustless nature of blockchain. This innovation allows developers to build real-time decentralized applications that serve a range of use cases, including finance, gaming, and communication, with improved scalability and efficiency.

MagicBlock Raises $7.5M to Build on Solana

MagicBlock Raises $7.5M to Build on Solana

Collaborations Within the Solana Ecosystem

MagicBlock has entered into partnerships with several leading projects in the Solana ecosystem. These include Flash Trade, Supersize, Pyth, Jito, and dTelecom. Flash Trade, a decentralized derivatives exchange, utilizes MagicBlock’s ephemeral rollups to enable real-time trading with minimal latency and reduced gas costs. Supersize is a real-time multiplayer game built fully on-chain to maximize composability and transparency.

dTelecom, a decentralized communication network, uses MagicBlock’s technology to deliver low-latency interactions with cost-effective infrastructure. In addition, Pyth Lazer is collaborating with MagicBlock to run a one-millisecond price stream within the ephemeral rollup framework. Jito, a validator in the Solana ecosystem, is working with MagicBlock to enhance execution security and efficiency through restaking mechanisms.

MagicBlock Raises $7.5M to Build on Solana

MagicBlock Raises $7.5M to Build on Solana

Future Plans and Strategic Outlook

With the new funding, MagicBlock plans to expand its engineering team, grow its developer community, and continue optimizing its core technology. The company is positioning itself as a foundational infrastructure layer for web3 builders who require high-speed performance and seamless interoperability on Solana. Cofounder Andrea Fortugno emphasized that developers are seeking platforms that offer both performance and flexibility.

He stated that Solana’s speed and liquidity make it an attractive foundation, and with MagicBlock’s technology, developers do not need to choose between customizability and real-time execution. As demand for real-time blockchain applications increases, MagicBlock aims to meet the technical and performance needs of decentralized builders by offering infrastructure that bridges the capabilities of blockchain and the user expectations of traditional web services.


Investments

updated:

April 25th 2025

posted:

April 24th 2025

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