Marlin operates in the decentralized computing and blockchain infrastructure industry, building scalable coprocessors that enable secure off-chain computation with verifiable on-chain proofs. The company’s architecture is designed for applications that require trust, performance, and security across distributed environments.
The platform supports TEE-based off-chain microservices with on-chain verification and provides a modular framework that allows developers to balance cost, trust, and performance preferences depending on workload needs. Marlin also offers Oyster, a developer framework for building and deploying applications on TEEs.
What Is Marlin and What Does It Do?
Marlin, founded in 2019 and headquartered in London, United Kingdom, is a decentralized compute infrastructure company that provides scalable coprocessors for Web3 applications. The platform enables developers to run off-chain verifiable computation using trusted execution environments (TEEs) while anchoring verification and trust on-chain.
With an estimated workforce of 11-50 employees, Marlin continues to expand its technical ecosystem through partnerships, community development, and research-driven innovation in secure computation and decentralized infrastructure.
How Much Funding Has Marlin Raised?
1. Seed Round
- Amount Raised: $3M
- Date: January 2020
- Lead Investors: Binance Labs, Electric Capital
- Motivation: To build the core decentralized compute infrastructure and launch the initial protocol framework.
2. Series A
- Amount Raised: $10M
- Date: June 2021
- Lead Investors: Coinbase Ventures, Multicoin Capital
- Motivation: To expand engineering teams, strengthen ecosystem partnerships, and scale developer adoption.
3. Series B
- Amount Raised: $20M
- Date: March 2022
- Lead Investors: Andreessen Horowitz, Polychain Capital
- Motivation: To advance TEE-based compute capabilities, expand product deployment, and support network growth.
Total Funding Raised: $33 Million
Latest Funding Date: March, 2022
Key Investors
1. Binance Labs
- Details: Venture arm of Binance supporting blockchain and Web3 infrastructure projects.
- Investment Focus Areas: Blockchain, cryptocurrency, DeFi.
- Notable Investments: FTX, Terra, CertiK.
2. Electric Capital
- Details: Crypto-native venture firm known for data-driven blockchain investments.
- Investment Focus Areas: Blockchain, cryptocurrency, fintech.
- Notable Investments: Bitwise, Anchorage, Celo.
3. Coinbase Ventures
- Details: Investment arm of Coinbase supporting early-stage Web3 startups.
- Investment Focus Areas: Blockchain, cryptocurrency, DeFi.
- Notable Investments: Compound, BlockFi, Etherscan.
4. Multicoin Capital
- Details: Thesis-driven crypto investment firm specializing in Web3 protocols.
- Investment Focus Areas: Blockchain, crypto networks, decentralized infrastructure.
- Notable Investments: Solana, The Graph, Helium.
5. Andreessen Horowitz (a16z)
- Details: Leading global venture firm investing across technology and blockchain ecosystems.
- Investment Focus Areas: Technology, blockchain, fintech.
- Notable Investments: Facebook, Airbnb, Coinbase.
Where Is Marlin’s Headquarters?
Marlin is headquartered in London, United Kingdom, benefiting from a strong developer ecosystem, Web3 research community, and proximity to global financial and blockchain markets.
What’s Next for Marlin?
Marlin is expected to continue expanding its decentralized compute ecosystem with a focus on real-world AI-driven and performance-intensive blockchain applications.
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