Cryptocurrency startup smlXL raises $13.4 million in funding, led by a16z

2023-10-24 22:04:36
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ChainCatcher news, crypto startup smlXL has completed a $13.4 million funding round, led by a16z, with participation from Silicon Valley venture capital firm Greylock and angel investors. Its mission is to make blockchain more transparent, useful, and user-friendly.

It has allocated resources to build a team of 16 people and develop products. This includes evm.codes, which helps people find EVM opcodes or understand the Ethereum Virtual Machine; and evm.storage, which allows users to deeply inspect the storage situation of any contract on the Ethereum or Avalanche blockchain. Between these two products, the company has already gained about 15,000 monthly active users.

Although evm.codes and evm.storage are currently free, founder Dor Levi stated that the next step may be to launch a professional version of evm.storage that includes gated components or unlimited transaction simulations.

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