Maestro receives funding from EMURGO

Published on: 30.05.2024
Maestro receives funding from EMURGO

Maestro receives funding from EMURGO a blockchain technology company that provides products and services to support the adoption of the Cardano blockchain’s Web3 ecosystem. Maestro, a full-stack Web3 platform for entrepreneurs and developers to build and launch decentralized applications (dApps) on UTxO blockchains such as Cardano.

Previously funded by EMURGO’s investment arm EMURGO Ventures, this additional funding will support Maestro to aggressively develop and deploy new Web3 product offerings for its platform users and expand its business reach to drive Cardano adoption.

Maestro’s advanced dApp platform offers powerful data APIs and developer tools that abstract away the complexity of blockchain infrastructure and streamline Web3 development. Its state-of-the-art UTxO indexing technology enables enterprise-grade scalability and reliability to help power Web3. Additionally, Maestro offers a suite of innovative services such as real-time transaction state monitoring, on-chain event notifications, high-fidelity DEX (decentralized exchange) prices, plug-and-play smart contracts, and more.

“This additional funding round demonstrates EMURGO’s belief in Maestro as a strong infrastructure provider in the Cardano ecosystem. It delivers a much-needed service to remove a formidable entry barrier for many non-technical and even technical developers to build and launch dApps. EMURGO is committed to empowering developers, entrepreneurs, and companies with the Web3 tools they need to leverage blockchain to make a difference.”— EMURGO CEO Ken Kodama

“Maestro’s mission has always been to empower developers to build cutting-edge blockchain applications and in turn, accelerate Web3 democratization & mass adoption. This additional funding support from EMURGO, will directly empower us to advance our vision and continue to support the hundreds of developers we work with daily pushing the blockchain industry forward,” — Maestro CEO Marvin Bertin.

An open-source, public blockchain platform, Cardano is to be founded on peer-reviewed R&D through scientific, evidence-based methods. Using an environmentally friendly and secure proof-of-stake protocol, the Cardano blockchain has more than 1,350 projects currently building applications on its platform

EMURGO is a blockchain technology company and a founding entity of the Cardano blockchain that provides products and services to drive the adoption of Cardano’s Web3 ecosystem.

The EMURGO platform wants to help people and organizations unlock the unique value of Web3 products, services, and solutions built on the Cardano blockchain to empower their lives and change the world for the better.

What is Maestro?

Maestro is a cutting-edge blockchain development platform, pushing the boundaries of Web3 capabilities and paving the way for a decentralized, interconnected digital future. Maestro offers a full suite of powerful APIs and advanced software tools that streamline the development of dApps on the UTxO blockchain such as Cardano, Bitcoin, & Dogecoin.


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