According to media reports, Zebec Network raised $6 million in a Seed funding round on November 10, 2021. The round was backed by investors including Shima Capital, IVC, Hack VC, Liberty City Ventures, Republic Capital, Breyer Capital, Cadenza Ventures, Finality Capital Partners, Gemini Frontier Fund, and Big Brain Holdings. Following this round, Zebec Network’s total funding reached $36.5 million.Zebec Network is a real-time streaming payment protocol built on the Solana platform. The protocol primarily offers continuous real-time fund streaming services, applicable to payments, payroll distribution, and various investment scenarios. The platform supports payroll in multiple stablecoins, including USDC, and also provides services such as automated dollar-cost averaging (DCA), crypto IRA and 401(k) accounts, yield farming, multi-signature treasury management, and fiat on/off ramp solutions.Notably, Zebec Network continued its development post-funding, completing a $15 million Series A round in February 2022 and a $7 million public sale in March of the same year, which marked the launch of its ZBCN token for trading. These consecutive funding events and business expansions indicate growing market demand for real-time payment solutions and underscore Zebec Network’s strengthening position within the Solana ecosystem. As of March 2024, the company rebranded from Zebec Protocol to Zebec Network, reflecting a broader vision for growth in the payment protocol sector.
