Moralis in a $13.4 million in a seed funding round, led by EQT Ventures.

Moralis, a Stockholm, Sweden-based software developer of a blockchain framework platform, announced closing a seed funding round at $13.4 million.

The money was raised from Swedish VC investors EQT Ventures and will be used for hiring and continued product development.

Moralis, founded in 2021 by Filip Martinsson, and CEO Ivan Liljeqvist, is developing tools and APIs used to build & scale aplications without cost and complexity. For that, the company provides a complete, end-to-end blockchain application development platform that allows developers and companies to focus on the front-end while handling the entire back-end. This saves time and money for projects that don’t have the resources or teams to build, manage, and maintain complex blockchain infrastructure.

Moralis also has developed and runs a middleware platform that aggregates a long list of services ranging from node management, authentication to real-time and historic transaction indexing. It launched in the summer of 2021 and says it's onboarded more than 30,000 developers.