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§ Private Profile · San Francisco, CA, USA
Linea is a company.
Linea has raised $4.0M across 1 funding round.
Key people at Linea.
Linea has raised $4.0M in total across 1 funding round.
Linea operates as a zero-knowledge Ethereum Virtual Machine (ZK-EVM) Layer 2 network, scaling decentralized applications on Ethereum. It provides a secure environment, offering lower transaction costs and increased throughput. The network uses cryptographic proofs for off-chain validation, ensuring compatibility with existing Ethereum infrastructure. This design alleviates congestion and improves user experience.
Developed by ConsenSys, Linea stems from Joseph Lubin's insight. Lubin, Ethereum co-founder and ConsenSys founder, established ConsenSys in 2014. It sought a robust scaling solution maintaining Ethereum's decentralization and security. This initiative accommodated a growing user base, extending Ethereum’s capabilities for broader adoption.
Linea targets developers and users in DeFi and dApp categories, seeking high-performance, cost-effective execution. The platform fosters innovation through its developer-friendly environment, mirroring the Ethereum mainnet. Its long-term vision integrates into Ethereum's scaling roadmap, enhancing network utility and expanding global reach.
Linea refers to multiple entities, but in the tech and investment context, the most prominent is Linea, a Layer 2 (L2) blockchain network developed by ConsenSys to scale Ethereum. It builds zkEVM (zero-knowledge Ethereum Virtual Machine) infrastructure for applications, users, and institutions, strengthening the Ethereum economy through ETH-aligned mechanics like fee burning and native staking on bridged ETH[4]. Linea serves developers, DeFi protocols, and global finance leaders (e.g., Mastercard, Visa, JP Morgan), solving Ethereum's scalability issues by enabling faster, cheaper transactions while driving value back to ETH mainnet via scarcity mechanisms and ecosystem funding[4].
As a portfolio-style project under ConsenSys, Linea targets high-growth momentum in the L2 space, with features like enterprise-grade infrastructure for tokenization, payments, and onchain settlement. It avoids insider extraction through a token model mirroring ETH's genesis distribution, directing most supply to builders, users, public goods, and Ethereum R&D via a trusted Ecosystem Council[4].
Linea emerged from ConsenSys, a major Ethereum software firm founded in 2014 by Joseph Lubin, emphasizing scalable blockchain solutions. The idea crystallized as Ethereum faced congestion and high fees post-2020 DeFi boom, prompting ConsenSys to build an L2 "from first principles" using zkEVM technology for Ethereum-aligned scaling[4]. Key milestones include leveraging ConsenSys' decade of experience with financial institutions and launching as a zkEVM chain to integrate seamlessly with Ethereum's ecosystem, positioning it as infrastructure where "Ethereum wins with every block"[4].
Linea rides the Ethereum L2 scaling trend, capitalizing on post-Dencun upgrade demand for zk-rollups amid Ethereum's shift to modular, high-throughput chains. Timing aligns with 2025's maturing DeFi and real-world asset (RWA) tokenization boom, where institutions seek compliant, scalable infrastructure—Linea excels here via ConsenSys' finance expertise[4]. Market forces like ETH ETF approvals and regulatory clarity favor ETH-centric L2s, positioning Linea to capture capital inflows while burning ETH fees to enhance mainnet value. It influences the ecosystem by funding Ethereum R&D and attracting builders, reinforcing ETH as the premier digital asset[4].
Linea is poised to dominate zkEVM L2s as Ethereum's "best chain for ETH capital," with native staking and fee burns fueling DeFi growth and institutional adoption. Upcoming trends like RWA expansion, AI-blockchain convergence, and global payment rails will amplify its trajectory, potentially evolving it into a hub for tokenized finance. As L2 consolidation accelerates, Linea's no-insiders model and steward-managed fund could cement its role in making Ethereum unstoppable—where every transaction strengthens the chain that started it all[4].
Key people at Linea.
Linea has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in June 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 2, 2013 | $4M Seed | — | — | Announced |
Linea has raised $4.0M in total across 1 funding round.
