Web3 Development Acceleration through Demand-driven Blockchain Infrastructure by Bloctopus
Bloctopus, a blockchain infrastructure startup, is making waves in the industry by simplifying blockchain development and reducing DevOps overhead. The company, formerly known as LZero, was collaboratively developed with researchers at the University of Southampton and has quickly gained attention from industry-leading organisations such as Ethereum Foundation, Blockdaemon, LayerZero, Libre Capital, Zoniqx, and Coreum.
Bloctopus' goal is to empower more developers to build secure, scalable, and innovative decentralized applications. The startup has secured a $1 million seed funding round, led by Hivemind Capital, with participation from Techstars, IronKey Capital, and strategic angel investors, including founders from Brevan Howard, Quantstamp, Cred Protocol, Nexus Network, and Airside Labs.
The platform offers highly realistic, scalable, and configurable cloud-based testnets that simulate complex blockchain networks with mainnet data and distributed nodes. This allows developers to deploy dApps more confidently and at reduced cost and time while managing the complexity of numerous blockchains, protocols, tools, and token standards.
Bloctopus now supports simulation across 200+ blockchains and continues to grow. It handles 100+ blockchain protocol parameters and integrates with over 1000 tools and services, such as bridges, oracles, and wallets. The testnets provide high realism with distributed nodes and real mainnet data, scalable simulation of thousands of nodes and transactions, node-level configuration, and enterprise-grade security.
The University of Southampton has waived any potential claim on IP for Bloctopus, and interested investors and partners can connect with the founders through a form on the company's website. Bloctopus aims to revolutionize blockchain infrastructure and has an ambitious growth roadmap ahead, with plans to continue expanding blockchain support, enhancing configurability and monitoring capabilities, maintaining enterprise-grade security, and enabling developers to quickly start and manage complex blockchain networks with just a few clicks.
In a statement, Til Jordan, Bloctopus co-founder and CTO, expressed excitement about the company's progress and openness to engage with vision-aligned investors. In 2024, stablecoin transaction volume reached $33 trillion, and Bloctopus' technology aims to address the critical industry pain point of reducing DevOps overhead by 90% and enabling Web3 teams to deploy features up to 20 times faster.
[1] Source: Bloctopus website and company press releases.
- The founders of Bloctopus, a blockchain infrastructure startup, aim to revolutionize the industry by simplifying blockchain development and reducing DevOps overhead.
- The company, previously known as LZero, was collaboratively developed with researchers at the University of Southampton and has secured funding totaling $1 million in a seed round.
- Hivemind Capital led the funding round, with participation from Techstars, IronKey Capital, and strategic angel investors including founders from Brevan Howard, Quantstamp, Cred Protocol, Nexus Network, and Airside Labs.
- Bloctopus offers a platform with highly realistic, scalable, and configurable cloud-based testnets that simulate complex blockchain networks, enabling developers to deploy decentralized applications more confidently and efficiently.
- The team at Bloctopus plans to continue growing by expanding blockchain support, enhancing configurability and monitoring capabilities, maintaining enterprise-grade security, and enabling developers to manage complex blockchain networks with ease.
