Cosmology Raises $5M to Simplify Web3 Application Development
SAN FRANCISCO, March 7, 2024 /PRNewswire/ -- Cosmology, the tech suite that enables developers to build Web3 apps in the Cosmos ecosystem, has closed its $5M seed round, co-led by Galileo and Lemniscap with participation from Dispersion, Hashkey, Tuesday Capital, the Osmosis Foundation, Chorus One, Informal Systems, and angels including Kevin Lin, Zaki Manian, Leland Lee, and Ethan Beard. As an official part of the Interchain Stack, Cosmology empowers over 2,000 developers to build applications like dYdX, Osmosis, and Celestia. This funding allows Cosmology to support the growth of the interchain, and provide tools that make app development accessible without requiring deep technical blockchain knowledge.
- This funding allows Cosmology to support the growth of the interchain, and provide tools that make app development accessible without requiring deep technical blockchain knowledge.
- "Having spent nearly three decades at the intersection of design and technology, I see the potential of Web3 and the need to lower the barriers to development," said Dan Lynch, Founder of Cosmology.
- Cosmology's tools make the development of Web3 applications dramatically simpler for developers throughout the interchain and have been downloaded over 5 million times .
- Cosmology is playing a pivotal role in enabling developers to incorporate Web3 elements in their applications, while circumventing the steep Web3 learning curve.