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N1, known as Layer N, engineers a hyper-performant rollup network to scale financial applications on Ethereum. This Layer 2 StateNet uses custom, optimized rollup nodes with a shared state and liquidity layer. The technology delivers ultra-high throughput, sub-millisecond latency, and congestion-free transactions, facilitating efficient trustless computing for internet-scale financial use cases.
Co-founded by Dima Romanov, CEO, Layer N launched in 2022. Romanov’s experience, including at Morgan Stanley, revealed traditional finance's limitations. This spurred his blockchain pivot, envisioning a foundational layer simplifying development and elevating performance for decentralized finance.
Layer N targets developers and protocols building demanding decentralized finance applications needing superior speed and scalability. The platform supports early-stage protocols, cultivating robust, sustainable liquidity within the DeFi ecosystem. The company’s vision is to streamline on-chain development, allowing any application to operate efficiently with minimal blockchain complexity.
N1 has 9 tracked investments across 8 companies. The latest tracked deal is $31.0M Seed in Novoflow in February 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 11, 2026 | Novoflow | $31.0M Seed | Justin Hamilton | Multifaceted Capital, Standard Partners |
| Nov 5, 2025 | Freya | $3.5M Seed | — | 212, BD Partners, Rebel Fund, Y Combinator |
| Oct 23, 2025 | Every Health | $1.3M Seed | Ivan Kristel | Atlantic Labs, Alex Pasykov (he/him/his), Ultra Venture Capital, ZAS Ventures |
| Sep 1, 2025 | Myriad AI | $8.0M Seed | Category Ventures | Long Journey Ventures, TWO Sigma Ventures, BD Partners, Breakwater VC, Caesar Ventures, Plug And Play Ventures, Preston Werner Ventures, TEN VC |
| Jul 1, 2025 | Liki24 | $9.0M Series A | — | TA Ventures, Michael Puzrakov, Anton Borzov, Dnipro VC, ICLUB, MA7 Ventures, SID Venture Partners, Lenna Koszarny |
| Jan 23, 2024 | Daytrip | $10.0M Series B | — | Euroventures, J&T Ventures |
| Nov 28, 2023 | VRgineers | $6.0M Series A | — | — |
| Mar 6, 2023 | SteadyPay | $3.0M Seed | N1 | Ascension, The Future Fund |
| Jan 24, 2020 | Daytrip | $1.1M Other Equity | J&T Ventures, N1 | — |