About Light Protocol
Light Protocol is a Financial Services company based in United Arab Emirates founded in 2019, and was acquired by Helius in June 2026. Blockchain platform is used for Solana application development. Light Protocol has raised $4.2 million across 1 funding round from investors including Helius, Polychain and Advanced Blockchain. Its focus areas include FinTech, Cryptocurrencies, Payments and Diversified.
Company details
Light Protocol was founded in 2019 in the United Arab Emirates and operates in the blockchain sector. A platform is provided for developing applications on Solana. An app is offered that enables transfers of SOL tokens to liquidity pools and withdrawals using a different address. An SDK is supplied to developers for integrating SOL transactions into their Solana decentralized applications.
- Headquarters United Arab Emirates
- Stage Acquired
- SectorsFinancial Services
- Website lightprotocol.com
- Social X
- Acquired by Helius (Jun 2026)
Funding Insights of Light Protocol
Light Protocol has successfully raised a total of $4.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.2 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.2M
- Total Rounds 1
- Last Round Seed — $4.2M
- First Round $4.2M
(Oct 2022)
- Investors Count 9
All 1 funding rounds of Light Protocol with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $4.2M | Seed | – | Polychain |
10 investors in total: 7 institutional and 3 angel.
Investors in Light Protocol
Light Protocol has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Helius, Polychain and Advanced Blockchain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Solana Ventures is focused on investing in Solana-based companies. | solana.ventures | |||
Venture capital fund focused on cryptocurrency | 2022 | dao5.com | British Virgin Islands, United Kingdom | |
Hypersphere Capital is focused on crypto-native investment opportunities. | 2020 | hypersphere.ventures | ||
Investments in cryptocurrency and blockchain assets are managed by Polychain. | 2016 | polychain.capital | San Francisco, United States | |
Blockchain investment firm | 2017 | advancedblockchain.com | Berlin, Germany | |
Manufacturer of lab equipment | 2002 | dlabsci.com | Beijing, China | |
BS Balaji Srinivasan | unknown_7055aa15c9b248e08 | |||
SV Steve Vassallo | unknown_f061c8609cd14caaa | |||
NB Norbert Bodziony | unknown_2d91ade9557f4fe29 | |||
Solana blockchain development is enabled via APIs and RPCs. | 2022 | helius.dev | Remote, United States |
Investor details for Light Protocol
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Light Protocol
3 dated milestones of Light Protocol across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Light Protocol is founded.
- Funding First funding round of $4.2M.
- Exit Acquired by Helius.
Web traffic of Light Protocol
The website of Light Protocol (lightprotocol.com) receives about 2.6K visits a month.
- Monthly visits2.6K
▲ 71.7% vs previous month
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Frequently Asked Questions about Light Protocol
Light Protocol was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Light Protocol is headquartered in United Arab Emirates.
Light Protocol is a funded company, having raised a total of $4.2M across 1 funding round to date. The company's 1st funding round was a Seed of $4.2M, raised on Oct 2022.
Light Protocol was founded in 2019 in the United Arab Emirates and operates in the blockchain sector. A platform is provided for developing applications on Solana. An app is offered that enables transfers of SOL tokens to liquidity pools and withdrawals using a different address. An SDK is supplied to developers for integrating SOL transactions into their Solana decentralized applications.
Light Protocol has 10 investors. Key investors include Helius, Polychain, Advanced Blockchain, dao5, and DLabSci.
Yes. Light Protocol was acquired by Helius in June 2026.