“We needed to raise capital because the company started as just me and my co-founder and the more we learned about the problems people are facing in these [blockchain] environments, the more we realized the software we would have to build as two developers would take us five years, which is way too long,” Marchetti said. “We developed enough conviction that this tool is genuinely useful for the people we’re working with and we want to go faster.”

https://techcrunch.com/2022/08/04/former-palantir-engineers-raise-20m-to-simplify-web3-tooling/