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Venture Capital25 Apr 2025 11:45

MagicBlock Raises $7.5M to Boost Ephemeral Rollup Technology for Solana-Based Apps

by Yong-Joon Bae
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MagicBlock, a real-time engine powering decentralized apps and games on the Solana blockchain, has secured $7.5 million in seed funding. The round saw participation from Lightspeed Faction, Mechanism Capital, Delphi Digital, Equilibrium, Pivot Global, Robot Ventures, and Maven11. Prominent angel investors also joined the raise, including Solana cofounder Anatoly Yakovenko, Tristan Yver, and Mert Mumtaz.

The new funding will accelerate the development of MagicBlock’s ephemeral rollup technology, designed to power scalable and real-time applications fully on-chain within the Solana ecosystem. By eliminating the need for Layer 2 networks, MagicBlock offers developers low-latency performance and seamless composability, making it easier to create efficient, decentralized experiences.

MagicBlock’s system is designed to offer performance similar to web-based servers while preserving the advantages of a decentralized blockchain environment.

This funding follows a $3 million pre-seed round led by a16z CSX in September 2024, bringing MagicBlock’s total funding to $10.5 million. With the new capital, the company plans to grow its engineering team, expand its developer ecosystem, and scale infrastructure to support a broader range of real-time Web3 applications. Unlike conventional app chains that often force a tradeoff between liquidity access and customization, MagicBlock enables both, maintaining Solana’s full composability while offering elastic throughput.

MagicBlock’s core innovation lies in its ephemeral rollup technology, developed by cofounders Gabriele Picco and Andrea Fortugno. This approach enables developers to create app-specific plugins directly on Solana, removing the need for bridges or complex multi-chain setups. These extensions support functions such as real-time price feeds, tailored transaction sequencing, and controlled access environments, enhancing Solana’s scalability while preserving its decentralized foundation.

MagicBlock is already collaborating with major projects across the Solana ecosystem. Partners include Flash Trade, a decentralized derivatives exchange that benefits from real-time trading with minimal latency, and Supersize, a fully on-chain real-time multiplayer game. Other collaborators like dTelecom, Pyth Lazer, and Jito are using MagicBlock’s technology for low-latency communication, real-time price streaming, and enhanced validator execution, respectively.

According to MagicBlock cofounder Andrea Fortugno, developers no longer have to choose between liquidity and performance. “”Every application developer wants to build on the fastest chain with the deepest liquidity — that’s Solana. But they also want the customizability and real-time performance of a Web2 server. With MagicBlock, they don’t have to choose,” he said. The company is positioning itself as the leading execution layer for the next generation of high-performance, fully on-chain web3 applications.

With the fresh capital, MagicBlock will expand its engineering team, grow its developer ecosystem, and further refine its core technology. Positioned as a key infrastructure layer for Web3 developers on Solana, the company aims to support projects that need both high-speed performance and smooth integration. Cofounder Andrea Fortugno noted that Solana offers speed and liquidity, and with MagicBlock, developers no longer have to compromise between real-time performance and flexibility.

Despite a slowdown in overall blockchain funding, deals rose by 35%. By combining Solana’s strengths with its ephemeral rollup engine, MagicBlock enables developers to build congestion-free, fast, and composable apps that deliver Web2-like performance without losing the benefits of decentralization.

Tags: FintechSingaporeStartupventure capital

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