{"id":52599,"date":"2021-11-09T16:40:35","date_gmt":"2021-11-09T14:40:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52599"},"modified":"2025-09-03T11:02:06","modified_gmt":"2025-09-03T08:02:06","slug":"neon-labs-raises-40-million-from-jump-capital-and-other-investors","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/neon-labs-raises-40-million-from-jump-capital-and-other-investors\/","title":{"rendered":"Neon Labs raises $40 million from Jump Capital and other investors"},"content":{"rendered":"<p>The Neon Labs startup, behind developing the Ethereum Virtual Machine (EVM) on Solana, raised $40 million in a private token sale.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ <br \/>\ud83d\udce2JUST IN: <a href=\"https:\/\/twitter.com\/neonlabsorg?ref_src=twsrc%5Etfw\">@neonlabsorg<\/a> raised $40M in a joint round, led by <a href=\"https:\/\/twitter.com\/jumpcapital?ref_src=twsrc%5Etfw\">@jumpcapital<\/a> <a href=\"https:\/\/t.co\/0hAMBTgBNa\">pic.twitter.com\/0hAMBTgBNa<\/a><\/p>\n<p>\u2014 Neon Labs (@neonlabsorg) <a href=\"https:\/\/twitter.com\/neonlabsorg\/status\/1458029730771447809?ref_src=twsrc%5Etfw\">November 9, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was led by venture firm Jump Capital. It also included Three Arrows Capital, Solana Capital, Rockaway Blockchain Fund, Ethereal Ventures, IDEO CoLab Ventures and others.<\/p>\n<p>The funds will be used to expand the team, specifically to hire developers and marketing professionals.<\/p>\n<p>Neon EVM enables deploying in the Solana network decentralized applications and smart contracts written for Ethereum. The startup&#8217;s CEO Marina Guryeva, in a comment to<a href=\"https:\/\/www.theblockcrypto.com\/post\/123744\/neon-labs-developer-of-ethereum-virtual-machine-on-solana-raises-40-million\"> The Block<\/a> clarified that the EVM is operating on Solana&#8217;s testnet and will soon be launched on the mainnet.<\/p>\n<p>In October, the Solana Foundation opened for validators<a href=\"https:\/\/u1f987.com\/en\/news\/solana-foundation-launches-server-rental-program-for-validators\"> the ability to run nodes on server hardware<\/a>.<\/p>\n<p>Earlier in November, Solana Ventures, Lightspeed Venture Partners and FTX announced the creation<a href=\"https:\/\/u1f987.com\/en\/news\/ftx-lightspeed-and-solana-ventures-establish-a-100-million-fund-to-back-blockchain-games\"> a $100 million<\/a> fund to invest in blockchain-game startups.<\/p>\n<p>Follow ForkLog news on Twitter!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Neon Labs startup, behind developing the Ethereum Virtual Machine (EVM) on Solana, raised $40 million in a private token sale.<\/p>\n","protected":false},"author":1,"featured_media":52600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1159,1133],"class_list":["post-52599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-solana-sol","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=52599"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52599\/revisions"}],"predecessor-version":[{"id":52601,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52599\/revisions\/52601"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52600"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}