Who invested The round was led by a16z Crypto (Andreessen Horowitz). Participating funds included Polychain Capital, 1kx, dao5, and NGC Ventures.

Announcement of testnet plan: On March 6, 2025, Seismic announced that the developer testnet would be launched in about one month after the funding round.

Deploy an encrypted contract Devnet Seismic

On April 7, 2025, Seismic opened a testnet faucet, allowing participants to claim free test tokens for its developer network.

On February 18, 2025, Seismic founder Lyron Co Ting Keh published the article “Introducing Seismic.” In it, he explained that most existing Layer-1 blockchains have a foundational flaw: they enforce complete transparency by design.

Key participants in this round included Polychain Capital, dao5, Amber Group, TrueBridge Capital, and LayerZero Labs. This brings Seismic’s total funding to $17 million, when combined with its earlier seed round..

Seismic aims to “break the privacy barrier” that prevents fintech companies from using public blockchains for sensitive services — such as private lending and cash accounts.