Cosmos-focused development platform Cosmology raises $5 million in seed funding
Quick Take Cosmology has raised $5 million in a seed funding round led by Galileo and Lemniscap. It provides a full-stack development environment focused on the Cosmos ecosystem.
Cosmology, a development platform focused on the Cosmos ecosystem, has raised $5 million in seed funding.
The funding round was led by venture firms Galileo and Lemniscap — and saw participation from Dispersion, HashKey, Tuesday Capital, the Osmosis Foundation, Chorus One, and Informal Systems. The firm didn't disclose the valuation.
Cosmology provides a full-stack development environment, including developer tools for Tendermint, the Cosmos SDK, and the inter blockchain communication (IBC) protocol. These tools, like Telescope and Cosmos Kit, aim to simplify the development process for applications on Cosmos .
Cosmos is an interoperability network whose ecosystem contains several chains. These chains can interact with one another using the IBC protocol via the Cosmos Hub .
The team stated its goal is to make dapp development accessible to anyone interested in Cosmos development, reducing the need for deep expertise.
“Our mission is to empower a broad range of developers, driving innovation and the shift from Web2 to Web3,” said Dan Lynch, founder of Cosmology. “We achieve this by enabling builders to swiftly turn their ideas into launched applications, focusing on big-picture concepts rather than the low-level technical details of blockchain.”
The team states that hundreds of developers leverage Cosmology’s software to build DEXs, wallets, governance tooling, NFT platforms, lending, derivative trading platforms, and liquid staking protocols. The team noted that these include include Osmosis, Cosmostation, Stride, Juno, DaoDao, Stargaze, Leap Wallet, Persistence, Quicksilver, and others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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