Robot Ventures leads $5.2 million seed round for Sprinter, a ‘solving-as-a-service’ startup founded by Ethereum OGs
Robot Ventures is leading a $5.2 million seed round for Sprinter, a crosschain "solving-as-a-service" infrastructure startup.The fundraise also received support from A Capital, Atka Capital, Bond St Ventures, Topology, and Uniswap Labs Ventures, as well as angel investors like 0xbow’s Ameen Soleimani, Optimism’s Eva Beylin, WAGMI Ventures’ Chen Zituo, among others.Sprinter is aiming to improve the functionality of blockchain solvers, the burgeoning sector of competing off-chain bots, algorithms, and market-makers that perform onchain actions on behalf of users.The protocol, currently in private beta, is built around two core products: Sprinter Stash, a crosschain credit protocol providing liquidity access to solvers and market makers without requiring collateral; and Sprinter Solve, providing dApps, wallets, and protocols with request-for-quote-based swap APIs.Sprinter Stash liquidity providers can deposit USDC into the protocol to earn solver fees. The protocol also offers a native governance token, SPRINT, to incentivize liquidity providers, solvers, and community participants and staking via veSPRNT.The Ethereum-based protocol's team includes several Ethereum core developers and EIP authors, including Ethereum R&D firm ChainSafe Systems CEO Aidan Hyman and former ENS developer Dean Eigenmann.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.