Blockchain development company Bloctopus (formerly LZero) secures $1 million in pre-seed funding, aiming to revolutionize the field.

Blockchain development company Bloctopus (formerly LZero) secures $1 million in pre-seed funding, aiming to revolutionize the field.

Bloctopus, a revolutionary DevOps platform, has secured a $1 million pre-seed investment round, marking a significant milestone in its mission to simplify blockchain development. Founded by University of Southampton graduates Til Jordan and Anisha Goel, Bloctopus aims to make on-chain development accessible to a wider audience, breaking the barrier that has kept fewer than 1% of the world's 30 million developers from building on the blockchain due to its steep learning curve.

Bloctopus, previously known as LZero, is a platform designed to streamline blockchain development by enabling developers to easily create fully-featured private forks and testnets tailored to their needs. It provides a realistic, scalable, configurable, and resilient cloud-based environment that simulates highly realistic networks using mainnet data and distributed nodes, allowing developers to test decentralized applications (dApps) with confidence at significantly reduced cost and time.

The platform addresses the complexities of blockchain development, such as the vast number of blockchains available, hundreds of protocol parameters, dependency on numerous tools and services, and various token standards. Bloctopus's configurable node-level setup and enterprise-grade security allow developers to control and share networks securely while integrating a wide range of developer tools, effectively accelerating the dApp development lifecycle and reducing operational overhead.

Bloctopus has collaborated with industry-leading entities such as the Ethereum Foundation, LayerZero, Kurtosis, Offchain Labs, Coreum, and SSV Network. The funding round was led by Hivemind Capital, with participation from Techstars, IronKey Capital, and angel investors including founders from Brevan Howard, Quantstamp, Cred Protocol, Nexus Network, and Airside Labs.

Hivemind Capital believes Bloctopus is critical to uplifting crypto consumer experiences and accelerating users' onboarding from web2 to web3. Emmanuel Vallod, Partner and Head of Ventures at Hivemind Capital, believes Bloctopus is solving a structural gap in blockchain development platforms.

The Bloctopus team has already launched an early version with LayerZero, simulating cross-chain message transfers under real mainnet conditions. Bloctopus v1 is live and free to use. The platform has gained significant traction since launching at EthDenver and has been rated the #1 web3 product on Product Hunt.

For partnerships or inquiries, contact Anisha Goel at [email protected]. Stay updated by following Bloctopus at @0xBloctopus. The website team offers support to researchers or students at the University of Southampton who want to create a startup at any stage of the process. Dr Alice Iles, Head of Tech Acceleration at the website, is proud of Til's journey and the rapid progress made by the Bloctopus team.

1. The investment in Bloctopus, a DevOps platform for blockchain development, marks a significant milestone in its mission to make on-chain development more accessible.
2. Bloctopus, previously known as LZero, aims to simplify the complexities of blockchain development by providing a scalable, configurable, and resilient cloud-based environment.
3. The funding round for Bloctopus was led by Hivemind Capital, with participation from Techstars, IronKey Capital, and angel investors including founders from Brevan Howard, Quantstamp, Cred Protocol, Nexus Network, and Airside Labs.
4. Hivemind Capital believes Bloctopus is critical to improving crypto consumer experiences and accelerating users' onboarding from web2 to web3, as it solves a structural gap in blockchain development platforms.
5. Bloctopus has collaborated with industry-leading entities such as the Ethereum Foundation, LayerZero, Kurtosis, Offchain Labs, Coreum, and SSV Network.

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