MagicBlock has just landed a fresh $7.5 million in seed funding to supercharge real-time, fully on-chain applications built on Solana. Announced on April 25, the funding round was led by Lightspeed Faction, with strong participation from Delphi Digital, Robot Ventures, Maven11, Mechanism Capital, and Solana co-founder Anatoly Yakovenko.
This new injection of capital brings MagicBlock’s total funding to $10.5 million, following a $3 million pre-seed round led by a16z CSX in late 2024. According to the company, the funds will fuel the expansion of their engineering team and boost the infrastructure for developers looking to build on Solana.
What Makes MagicBlock Stand Out?
MagicBlock is developing a technology called Ephemeral Rollups, designed to deliver the lightning speed and flexibility of Web2 servers while maintaining the composability and liquidity benefits of staying directly on Solana. Unlike traditional layer-2 solutions or bridges, which often fragment user experiences, MagicBlock’s tech lets apps maintain seamless interactions and deploy custom plugins for tasks like real-time pricing and sequencing.
“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 Andrea Fortugno, MagicBlock’s co-founder.
Already Gaining Traction
MagicBlock is already collaborating with several key projects, including Flash Trade, Supersize, dTelecom, and Jito, enabling real-time trading, gaming, and communications directly on Solana’s main network.
Why It Matters for Blockchain Gaming
While web3 gaming funding has cooled off — with Q1 2025 raising $91 million, a 71% dip compared to Q4 2024 according to DappRadar — infrastructure projects like MagicBlock are still attracting attention. Despite the funding slowdown, the number of deals has climbed by 35%, showing that investors continue to back foundational tech over flashy games.
MagicBlock’s latest raise suggests that real-time, scalable on-chain gaming experiences are still a major focus for the next wave of blockchain innovation.
