Blockchain storage project Lambda has received investment from several top institutions
On July 4th, Lambda, the blockchain infrastructure that provides unlimited storage capacity, once again announced the financing of several top investment institutions including FunCity Capital, Ceyuan Digital Assets, BlockVC, Bluehill, and DATA Foundation. Earlier on June 19th, Lambda announced that it had received tens of millions of RMB financing from Zhen Fund, Metropolis VC, and Dfund..
Focusing on blockchain infrastructure, the Lambda project is favored by many capitals
He Xiaoyang, the founder of the Lambda project, completed the four rounds of financing led by well-known investment institutions such as Matrix China, Chengwei Capital, and Qiming Venture in a year and a half, and created a miracle of fund raising in the enterprise software sector in China. In 2017, He Xiaoyang gradually faded out of OneAPM’s work, began to embark on a new journey of entrepreneurship, began to work in the blockchain infrastructure field, and created the blockchain storage project Lambda. In just two weeks, the Lambda project completed fund raising from a group of well-known investment institutions, and once again staged a “speed reading and passion” in the blockchain era.
Founded in October 2016, FunCity Capital was founded by Chen Weixing, the founder of KuaiDi. It is an asset management company specializing in Internet finance, artificial intelligence, blockchain, and smart transportation. The business covers early VC, PE, public market secondary offering, M&A, and PIPE business. FunCity Capital’s investment portfolios include Binance, 51 Credit Card, and Fang Cloud.
Ceyuan Digital Assets is an investment fund that focuses on early investment in the blockchain industry. It aims to promote technological innovation and invest in quality projects in the development of blockchain ecosystem. The Fund has participated in the development of several well-known projects in the areas of public chains, DAPP, and exchanges, with professional investment judgment and rich industry resources. Ceyuan Ventures is a venture capital firm headquartered in Beijing in 2005, focusing on early investments in the information technology and Internet industries. The company is committed to excellence in entrepreneurial teams, advanced science and technology, and innovative business innovation. Ceyuan Ventures has invested in blockchain since 2013. Early investments include OKCoin, Bitcoin China, and Dfinity.
BlockVC is a leading global blockchain venture capital and advisory research organization that covers the basic public chain, application agreements and financial services in the blockchain ecosystem and provides a full range of post-investment services for selected projects. Its portfolios have global influence. The global investment network covers Singapore, London, Silicon Valley and other places, and has established close strategic partnerships with top projects and institutions in many countries.
Technology-based, decentralized storage services for blockchain ecosystem
Lambda is a high-speed, secure and scalable blockchain infrastructure project. Through the logical decoupling and separate implementation of Lambda Chain and Lambda FS, we provide infinitely scalable data storage capabilities to decentralized applications and achieve data integrity proof, multi-chain data cooperative storage, cross-chain data management, data privacy protection and other services.
On June 29th, Lambda announced that it will jointly launch FLOW, a shared economy public chain alliance, with VV Share, Slife, and FunCity Digital Economy Research Institute, to build a future shared economy chain infrastructure. Lambda will link all affiliate economies (public chains) through the BCP agreement to provide decentralized storage services for the entire ecosystem. Chen Weixing, founder of FunCity Capital and founder of VV Share, said that the Lambda project is one of the few technical teams in China that can provide “data integrity proof”. The technical background of the founding team is very strong and Lambda will play an important role in the whole VV Share ecosystem.
He Xiaoyang, founder of Lambda, said: I believe that only brave people can succeed. I used to be confused, but after entering the field of blockchain, it inspired my second entrepreneurial enthusiasm. We spent ten years on the first startup and have been dealing with distributed systems and distributed storage. In the blockchain era, we still choose to start with the areas we are most familiar with. I believe in the power of accumulation and precipitation, and I believe that time will give us the best recognition. Of course, I am especially grateful to so many investment institutions for their recognition and trust in our Lambda team.
✅ Official Website and Social links.
🔹 Official website: http://www.lambda.im
🔹Telegram Community : https://t.me/HelloLambda
🔹White Paper : http://www.lambda.im/doc/Lambda-WhitePaper-en.pdf