Nov 13, 2023

Hello, Web3 communities, It is with great delight to share with you that Glacier Network has completed a $2.9 million Seed Round. Participating in this round were ForesightX, UOB Venture Management, Signum Capital, Cogitent Ventures and Gate Labs. Additionally, we are very honored to be on the receiving end of the grant support from PermaDAO in Arweave ecosystem, Boundless Hackathon Stanford, Foresight X Accelerator Cohort, and Aptos Grant Dao. - ForesightX: a Web3 accelerator under Foresight Ventures with three core components including Accelerator, Ecosystem Grant and Research Grant. - UOB Venture Management: A wholly owned subsidiary of United Overseas Bank (UOB), one of Asia’s leading international banking and financial groups, with assets under management in excess of $2.0 billion. - Signum Capital: Signum Capital invests in distributed ledger technologies to support game-changing projects towards the future of blockchain-enabled socioeconomic transformation. - Cogitent Ventures: Cogitent Ventures is a pre-seed & seed level investor to empower and support gifted entrepreneurs. - Gate Labs: As an accelerator department of Gate Exchange started in 2021, Gate Labs is highly devoted to providing entrepreneurs with various resources and aiding startup growth. Glacier Network is building a composable, modular and scalable L2 data network for large-scale Dapps, with the mission to empower decentralized apps (DApp) to build on decentralized databases (DDB). It provides programmable data composability powered by L2 rollup solutions to seamlessly and effortlessly handle datasets with NoSQL GlacierDB on top of Arweave, Filecoin, BNB Greenfield, and more. Glacier is addressing the demand for Decentralized Databases (DDB), a missing yet crucial component in the Web3 application stack. By providing a programmable data composability layer for trustless data primitives, Glacier offers an efficient and ultra-low-cost service to manage large amounts of dynamic data and construct data models to empower applications in a fully decentralized way. Powered by L2 rollup technology, Glacier excels in modularity. The Mainnet Alpha version of Glacier Network has been deployed on Arweave, BNB Greenfield, and Filecoin, and over 250k on-chain CRUD, 80k collections, 50k datasets, and 30k addresses have been created on GlacierDB. We would like to take this opportunity to give our sincerest thanks to our backers, as they are not only funding our efforts to build a composable, modular, and scalable L2 data network but also continuing to assist us with their years-long experience in the Web3 industry. The funding will propel us to the next phase of our journey, and we are more determined than ever to fulfill our vision. 🧊About Glacier Glacier Network is building a composable, modular and scalable L2 data network for large-scale Dapps. Glacier empowers decentralized apps (DApp) to build on decentralized databases (DDB). It provides programmable data composability powered by L2 rollup solutions to seamlessly and effortlessly handle datasets with NoSQL GlacierDB on top of Arweave, Filecoin, BNB Greenfield, and more.