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Somnia Network - About the company

Somnia Network is an unfunded company based in London (United Kingdom), founded in 2024. It operates as a Provider of EVM-compatible Layer 1 blockchain. Somnia Network has not raised any funding yet. The company has 1297 active competitors, including 281 funded and 29 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.

Company Details

Provider of EVM-compatible Layer 1 blockchain. Its designed for processing a large number of transactions per second. Its design enables sub-cent transaction fees, sub-second finality, and EVM compatibility, making it suitable for building a wide range of decentralized applications. The network also features a reactive blockchain design, allowing developers to create applications that respond instantly to real-world or on-chain events.
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Email ID
*****@somnia.network, *****@somnia.network
Key Metrics
Founded Year
2024
Location
Stage
Unfunded
Ranked
Employee Count
55 as on Apr 30, 2026
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Somnia Network's funding and investors

Somnia Network has not raised any funding rounds yet.

Somnia Network's founders and board of directors

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Somnia Network's employee count trend

Somnia Network has 55 employees as of Apr 26. Here is Somnia Network's employee count trend over the years:
Employee count trend for Somnia Network
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Somnia Network's Competitors and alternates

Top competitors of Somnia Network include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of Somnia Network, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mysten Labs
Mysten Labs
2021, Palo Alto (United States), Series B
Blockchain platform offering Web3 infrastructure solutions
$336M
81/100
2nd
Logo for Aptos
Aptos
2021, Palo Alto (United States), Series D
Provider of protocols for building blockchain-based solutions
$350M
80/100
3rd
Logo for Solana
Solana
2010, San Francisco (United States), Series C
Blockchain-based infrastructure for transactions and counting
$374M
79/100
4th
Logo for NEAR
NEAR
2017, Zug (Switzerland), Series D
Public blockchain network platform
$542M
78/100
5th
Logo for AVA
AVA
2018, Brooklyn (United States), Series B
Blockchain platform for smart contracts and custom subnets
$368M
75/100
6th
Logo for Ethereum
Ethereum
2013, Toronto (Canada), Series B
Blockchain-based public network for decentralized applications
-
71/100
7th
Logo for DFINITY
DFINITY
2014, Palo Alto (United States), Series C
Blockchain-based public network for building decentralized applications
$164M
69/100
8th
Logo for Avalanche
Avalanche
2018, Tortola (United Kingdom), Funding Raised
Provider of smart contracts platform for decentralized application development
-
68/100
9th
Logo for Concordium
Concordium
2018, Cham (Switzerland), Series B
Layer-1 blockchain protocol focused on identity-first
$15M
67/100
10th
Logo for Celestia
Celestia
2011, Vaduz (Liechtenstein), Series C
Blockchain-based modular consensus and data network
$204M
67/100
78th
Logo for Somnia Network
Somnia Network
2024, London (United Kingdom), Unfunded
Provider of EVM-compatible Layer 1 blockchain
-
-
51/100
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Somnia Network's Investments and acquisitions

Somnia Network has made no investments or acquisitions yet.

Reports related to Somnia Network

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News related to Somnia Network

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Media has covered Somnia Network for a total of 6 events in the last 1 year, 3 of them have been about company updates and 3 about partnerships.
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