Norway’s Gateway.fm bags €4.3M to democratise access to scalable Web3 infrastructure

Stavanger, Norway-based Gateway.fm, a decentralised blockchain node infrastructure provider, announced on Monday, February 20, that it has raised $4.6M (approximately €4.3M) in a Seed round of funding led by Lemniscap.
CMT Digital Ventures, the LAO DAO, Folius Ventures, TRGC, Metaweb Ventures, Very Early Ventures, Factor Ventures, Fantom Foundation, and Unstoppable Domains Ventures also participated in the round.
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Cuautemoc Weber, co-founder and CEO of Gateway.fm, says, “Today’s announcement represents a firm stamp of approval for our product suite from a collection of top global investment visionaries.” 


“We want to provide reliable node infrastructure, best-in-class validators, and robust dev tooling to help Web3 projects scale at pace, while enticing financial institutions and enterprises to explore blockchain technology with confidence,” he adds. 
Gateway.fm: Helping Web3 projects scale seamlesslyFounded by Igor Mandrigin and Cuautemoc Weber, Gateway.fm is a decentralised high-performance blockchain infra/node provider that is building distributed, multi-chain infrastructure designed to help Web3 projects scale without allocating resources to configuring or maintaining servers.
The Web3 company focuses on building decentralised RPC solutions that don’t rely on centralised services such as Amazon Web Services (AWS). 
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The InvestorLemniscap is an investment firm that specialises in investments in emerging crypto assets and blockchain startups.
Since its founding in 2017, Lemniscap has funded multiple investments in the crypto blockchain space on the core belief that blockchain technology will upend traditional business models, resulting in profound changes in the world economy.
Roderik van der Graaf, Founder of Lemniscap, says, “With a set of elite-grade, next-gen tools, Gateway is broadening the inclusivity, availability, and reliability of blockchain networks and protocols.” 
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