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Datagram Raises $4 Million to Create Layer 1 Blockchain on Avalanche

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by Giorgi Kostiuk

5 hours ago


Datagram has successfully closed a pre-seed funding round, raising $4 million from various investors, including Blizzard the Avalanche Fund. The proceeds will be used to create a sovereign Layer 1 blockchain on Avalanche.

Funding Round Details

Datagram completed a $4 million pre-seed funding round led by Blizzard the Avalanche Fund. Other participants included Animoca Brands, Cointelegraph, Amber Group, and more. The funds will accelerate node deployment in key markets and prepare for the company's main product launch.

Harnessing Idle Infrastructure

Up to 80% of global connectivity resources, such as bandwidth, CPUs, and storage, remain unused in personal and enterprise systems. Datagram's Hyper-Fabric Network repurposes this idle capacity into a high-availability decentralized infrastructure.

Future Plans and Investor Perspectives

Datagram’s roadmap includes partnerships in gaming, telecom, and AI sectors, as well as a public Alpha Testnet launch. According to Lydia Chiu, SVP of the Blizzard the Avalanche Fund, “Datagram is building the missing link between underutilized infrastructure and real-time Web3 applications.”

As Datagram scales its node network and advances toward the mainnet launch, it aims to redefine DePIN interoperability and establish a high-performance baseline for the decentralized internet.

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