💰 RootData Funding Report (4/23) - Symbiotic

@symbioticfi raised $29 M in Series A round, led by @PanteraCapital and @cbventures — two of the most prominent and long-term players in the crypto investment ecosystem. This round marks a major leap forward for Symbiotic’s mission to build a universal restaking and coordination layer that powers decentralized services across modular and monolithic blockchains alike.

· As a pioneer in blockchain asset management, Pantera Capital brings both strategic insight and deep technical conviction to this partnership. Pantera’s focus on infrastructure-layer innovation aligns directly with Symbiotic’s vision to enable programmable security for any protocol—allowing L1s, L2s, bridges, oracles, and emerging verticals like AI or ZK systems to configure their own validator sets, incentive models, and slashing conditions without reinventing the wheel.

· Coinbase Ventures, as the investment arm of one of the most trusted crypto platforms globally, adds ecosystem reach and institutional credibility. Their participation underscores the importance of economic coordination frameworks as a critical next step for blockchain scalability and security—especially in a multi-chain world.

The round also drew support from more than 100 prominent angels and contributors, including teams from @aave , @0xPolygon , and @StarkWareLtd , reflecting strong belief from builders already operating at the forefront of DeFi and scalability. With 14 networks like Hyperlane, Spark, and Avail already onboarded and 20+ more lined up, Symbiotic is quickly gaining traction as a modular restaking primitive for high-assurance decentralized services.

💡 In a landscape where validator coordination, capital efficiency, and inter-protocol cooperation are becoming mission-critical, Symbiotic’s approach to reusable staking capital and sovereign security customization stands out. With backing from two of the industry’s most sophisticated investors, Symbiotic is well-positioned to become the connective tissue of economic security across the decentralized stack.