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Sonic

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Gaming-focused Layer 2 infrastructure on the Solana blockchain

San Francisco, United StatesFounded 2020Consumer Services
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Sonic

Sonic is a Layer-2 blockchain built on Solana, specifically designed for high-performance gaming. It operates as the first atomic Solana Virtual Machine (SVM) Layer-2, enabling sovereign game economies that settle on the main Solana L1 blockchain. The project is developed by Mirror World Labs, a GameFi infrastructure firm founded in 2022 by CEO Chris Zhu.

Before creating Sonic, Chris Zhu explored AI and blockchain, leading to the creation of Mirror World NFTs in 2021. The team initially focused on providing a suite of tools for game developers on Solana, covering everything from login methods to NFT marketplace integration. Recognizing the need for more robust gaming infrastructure on the network, they shifted focus to develop Sonic. The project launched in March 2024. By June 2024, Sonic had secured $12 million in a Series A funding round led by BITKRAFT Ventures, bringing its total funding to $16 million and reaching a $100 million valuation.

Sonic's core technology is the HyperGrid framework, which allows developers to deploy custom, high-throughput SVM rollups. This architecture is designed to scale the Solana gaming ecosystem to handle millions of transactions per second for each game. It provides developers with a sandbox environment, customizable gaming primitives, and tools for monetization. A key feature is its compatibility with the Ethereum Virtual Machine (EVM), allowing developers to deploy dApps from Ethereum to Solana seamlessly. The platform's native utility token, $SONIC, is used for transaction payments, staking, and governance.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
San Francisco, United States
Employees
24
Open positions
None listed
Dealroom signal
31.2/100
Industry
Gaming
Sub-industry
Mobile Gaming, Console & PC Gaming
Sector
Consumer Services
Business model
SaaS
Client focus
b2b
Investment activity
4 companies, latest Mar 2026
Capital deployed
$14M
Preferred round
SEED

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jun 2024 $12M $100M Sky9 Capital · Mirana Ventures · OKX Ventures · BITKRAFT Ventures ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Sonic website traffic

Latest recorded traffic for Sonic is 17K monthly website visits, down 19% over the last three months. Sonic's team declined 7.7% over the past year.

Latest monthly visits17K 3-month web change-19% 1-year team growth-7.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A7 investors entered at this stage

  • BITKRAFT Ventures
  • Sky9 Capital
  • Mirana Ventures
  • OKX Ventures
  • Galaxy Interactive
  • Sanctor Capital
  • Big Brain Holdings

Other known investors2 additional known investors

  • MH Ventures
  • Morningstar Ventures
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States21.4%
🇯🇵 Japan14.3%
🇺🇬 Uganda14.3%
🇨🇳 China14.3%
🇦🇺 Australia7.1%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Sonic on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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