MagicBlock, a rising name in decentralized infrastructure, has announced the close of a $7.5 million Seed round to accelerate the development of real-time, app-specific extensions on Solana.
Led by Lightspeed Faction, the round also drew participation from leading crypto investment firms including Maven11 Capital, Delphi Ventures, Robot Ventures, Mechanism Capital, Equilibrium, and Pivot Global, along with prominent angels such as Anatoly Yakovenko, Mert Mumtaz, and Tristan Yver.
The new capital follows MagicBlock’s earlier $3 million pre-seed round led by a16z CSX in 2024, bringing its total raised to $10.5 million. The company says the funding will help expand its engineering team, grow its developer ecosystem, and deepen the real-time infrastructure critical to the next wave of fully onchain decentralized applications (dApps).
MagicBlock aims to address one of blockchain’s most persistent challenges: enabling real-time, fully onchain applications without the trade-offs associated with traditional Layer 2 (L2) solutions.
While many projects across Ethereum and other ecosystems have leaned on L2 rollups to solve scaling bottlenecks, MagicBlock believes the model inherently fragments user liquidity and breaks composability—two traits critical for a vibrant decentralized ecosystem.
Instead, MagicBlock’s solution—Ephemeral Rollups—offers developers ultra-low latency execution and customizability without leaving Solana’s composable environment.
"Appchains offer customization but fracture liquidity. L2s reduce fees but break composability. Builders are forced to compromise. MagicBlock solves that," the company stated in its announcement.
Ephemeral Rollups allow developers to dynamically delegate execution on-demand into specialized runtimes while maintaining direct access to Solana’s native liquidity pools and tooling. There’s no bridging, no liquidity fragmentation, and no trade-off between speed and decentralization.
Founded by Andrea Fortugno and Gabriele Picco, MagicBlock is led by developers intimately familiar with the needs of modern decentralized application builders.
Rather than pushing developers toward fragmented L2 ecosystems, MagicBlock allows applications to remain fully native to Solana while offering key enhancements like:
This approach gives projects fine-grained control over their onchain operations, comparable to what Web2 centralized servers offer, but without sacrificing decentralization.
"Every 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," said Fortugno.
Several high-profile projects are already building on its infrastructure, demonstrating real-world demand for real-time capabilities on Solana.
Key collaborations include:
With the new capital, MagicBlock plans to aggressively expand its engineering team, roll out new developer plugins, and launch tools that make building high-performance dApps on Solana simpler than ever.
As the race to build next-generation decentralized applications heats up, MagicBlock’s model offers a clear alternative to the fragmentation increasingly seen across multichain and rollup-based ecosystems.
For developers looking to build fast, composable, real-time apps without compromises, MagicBlock believes the answer lies firmly within Solana’s ecosystem.