Altius Labs has completed a $11 million Pre-Seed funding round, with Founders Fund and Pantera leading the investment.

BlockBeats News, February 18th. According to Bloomberg, cryptocurrency startup Altius Labs has completed an $11 million Pre-Seed funding round, led by Founders Fund and Pantera, with participation from Archetype, Reforge, DCG, No Limit Holdings, and Amber Group, as well as institutional investors from Berachain, Movement, Ethena Labs, Ritual, dao5, Solana Foundation, and Hudson River Trading.

Altius Labs was founded by Hudson River Trading software engineer Anit Chakraborty and former Managing Partner at Amber Group Annabelle Huang. Altius is building a VM-agnostic modular execution stack that is decoupled from monolithic binary implementations and network designs, enabling seamless integration with any L1, L2, and application chains to immediately boost performance and enhance interoperability.