KRNL Labs raises $1.7M to build Web3 software registry

KRNL Labs has secured $1.7 million in pre-seed funding to develop an open, multichain software registry for the Web3 ecosystem. 

This funding round saw participation from notable investors, including TRGC, Superscrypt, Ryze Labs, Builder Capital, Blockchain Founders Fund, WAGMi Ventures, STIX, YAP Capital, and strategic angel investors.

The company’s vision is to create a decentralised equivalent of Node Package Manager (npm) to enhance cross-chain communication and software management within Web3. 

KRNL Labs aims to tackle key challenges in blockchain technology, such as scalability, efficiency, and interoperability, by promoting modular and composable execution.

Tahir Mahmood, co-founder of KRNL Labs, described the initiative by saying, “Execution and sharding can be implemented differently to allow multiple execution shards to apply to a single transaction. We call these shards kernels, and they are community-built, permissionless, monetizable, and composable.” 

This approach intends to transform how developers manage execution tasks and share libraries across multiple blockchains, improving overall system efficiency.

The protocol utilises a customized Go Ethereum (Geth) client equipped with a specific GraphQL runtime to ensure secure and efficient execution across networks. 

This infrastructure allows decentralised applications to delegate certain tasks to optimised networks or traditional Web2 environments.

With the new funding, KRNL Labs plans to expand its network and enhance its offering to include adapters for major Ethereum Virtual Machine (EVM) networks and an OpenAPI integration for Web2. 

The company also intends to broaden its support to various non-EVM networks over the course of 2025.