Nethermind

Blockchain solutions for Ethereum network

London, England, United Kingdom

About Nethermind

Nethermind.io focuses on blockchain solutions, particularly for the Ethereum network, offering services like a customizable Ethereum client, smart contract development, and security audits. They also research Layer 2 scaling solutions to improve transaction speed and develop Maximal Extractable Value (MEV) solutions for fair transaction processing. Their unique offerings include open-source tools like Warp for deploying smart contracts on StarkNet and the Voyager block explorer for interacting with StarkNet. The goal is to empower developers and enterprises to effectively use decentralized technologies while generating revenue through service fees and consulting.

London, United KingdomHeadquarters

2017Year Founded

$535KTotal Funding

GRANTCompany Stage

Cybersecurity, Crypto & Web3Industries

201-500Employees

Benefits

Hybrid Work Options

Remote Work Options

Risks

Competition from Ethereum client developers like Geth and Besu may impact market share.

Rapid blockchain evolution requires Nethermind to continuously innovate and adapt.

Potential security vulnerabilities in Warp transpiler could expose clients to risks.

Differentiation

Nethermind offers a high-performance Ethereum client, enhancing blockchain interaction efficiency.

Their Warp transpiler aids developers in deploying smart contracts on StarkNet.

Nethermind's security audits ensure blockchain applications are secure and free from vulnerabilities.

Upsides

Increased interest in Ethereum Layer 2 solutions boosts demand for Nethermind's tools.

Partnership with EigenLayer enhances Nethermind's influence in the Ethereum ecosystem.

zkSync Era Remix Plugin development attracts more developers to Nethermind's platform.

Funding

Total raised$535.0 K

StageGRANT

GRANT

12/31/2019

N/A