Caldera, a no-code web3 infrastructure platform, raised $9 million across two rounds, its co-founder, Matt Katz, exclusively told TechCrunch.
The startup was founded in March 2022 by Katz and Parker Jou, CTO of Caldera, in an effort to simplify the process of creating app-specific blockchains so builders can create layer-2 blockchains in the span of hours, opposed to months or years, the team said.
“We started the company when we realized developers wanted to build interesting things on the blockchain,” Katz said. “We realized people actually want to build more complex things across a bunch of verticals and in order to unlock the full potential of web3, it’s untenable for it to happen on a single blockchain.”
