Blockchain startup Printr has raised US$2.5 million in a pre-seed funding round, marking its first financing effort.

Investors include Sfermion, Draper Dragon, Bitscale, Hermeneutic, Sui Foundation, Axelar Foundation, and Flow Foundation.

The funds will support team expansion, platform development, and operational needs.

The platform allows users to launch memecoin across networks like ethereum, solana, sui, BNB, and base.

Printr’s launch aligns with a rise in memecoin activity, which has contributed to a 600% increase in the total value locked in the Solana network within the last 12 months.