19.02.2025
Highlights
Building the Future of Web3: Insights from Nairobi & Accra
$270M in Capital to Fuel Innovation in the Somnia Ecosystem
The Somnia ecosystem will benefit from a major financial boost with up to $270M in combined capital from Improbable, M², and the Virtual Society Foundation, backed by leading investors such as a16z, SoftBank, Mirana, SIG, Digital Currency Group and CMT Digital.
This funding arrives on the heels of Somnia’s record-breaking DevNet performance, which demonstrated 1M+ TPS and sub-second finality, setting a new benchmark for blockchain scalability.
Here’s how this funding will drive the ecosystem forward:
- Accelerated Development – More funding for builders and projects developing on Somnia.
- Expanded Grant & Accelerator Programs – New initiatives to support Web3 startups, gaming studios, and dApp developers.
- Stronger Infrastructure & Adoption – A push toward mainstream adoption of high-speed, low-cost, real-time blockchain applications.
Building a strong ecosystem is essential for the long-term success of any blockchain network. Developers, builders, and innovators need more than just high-performance infrastructure, they also need funding, tooling, mentorship, and business support to bring new ideas to life. By ensuring that Somnia’s ecosystem is well-funded and developer-friendly, this investment accelerates the creation of real-world, on-chain applications that can scale to millions of users.
For Somnia, ecosystem growth means a stronger foundation for widespread blockchain adoption. By providing developers with the necessary resources, this investment ensures that Somnia continues to attract ambitious projects that push the boundaries of what’s possible with on-chain applications. As more teams build within the ecosystem, network activity and innovation will continue to expand, reinforcing Somnia’s position as a leader in high-performance blockchain solutions.
What’s Next?
With the upcoming Testnet, builders can deploy, test, and scale applications on a blockchain that delivers real-world performance.
Somnia is committed to ensuring that its record-breaking DevNet results translate into a smooth, affordable and high-speed experience. This is just the beginning—with $270M fueling ecosystem growth, Somnia is proving that on-chain applications can operate at internet scale.
