Helio has raised $3.3 million in a seed round co-led by Peak and Lightspeed Faction, included RockawayX, Solana Labs, and a group of angel investors, Bloomberg informs.
- Founded by Jim Walker and Stijn Paumen in 2022, Helio powers payments for the Web3 economy. The solution offers to accept fully decentralized crypto payments for ecommerce, subscriptions, paywalling, invoicing, and more across multiple blockchains for merchants, dApps, and creators. Since launching, Helio has processed over $10 million payments for over 900 merchant customers and 35,000 users.
- The fresh round was led by Peak, a seed-stage venture capital fund specializes in SaaS, marketplaces, platforms, and US-based Lightspeed Faction, that backs crypto projects at the Seed and Series A stages.
- The Prague-based RockawayX, a blockchain-focused venture capital fund, with long-term focus on value creation also participated in the round. The fund invests globally into crypto funds, companies, and protocols. US-based Solana Labs, a technology company that helps build and launch decentralized financial applications, joined the investment.
- Helio will use the funding to build out the sales and marketing teams to strike partnerships with creator platforms and marketplaces. In addition, Helio will expand its engineering team to pursue the company’s multichain strategy with launches planned for Bitcoin, Binance, as well as deliver an in-app wallet to enable Web2-style payment experiences and integrations.
