Ethereum Staking Startup Kiln Secures $17.6 Million Funding Round
Paris-based Ethereum staking-as-a-service startup, Kiln, has announced a successful Series A funding round, raising a substantial $17.6 million. This significant investment highlights the growing interest and confidence in Ethereum staking services and the crucial role they play in securing the blockchain.
Kiln, which allows customers to receive rewards for helping secure the Ethereum blockchain, will utilize the €17 million ($17.6 million) proceeds to further develop its platform and expand its reach. The funding round, announced on Monday, November 28, 2025, saw participation from notable investors including Consensys and GSR Ventures, showcasing the company's potential within the Web3 ecosystem.
As a Web3.0 startup, Kiln boasts a broad focus on bringing staking services to both the blockchain and traditional industry. Their innovative approach to Ethereum staking-as-a-service has positioned them as a key player in the rapidly evolving decentralized finance (DeFi) landscape. The €17 million investment will allow Kiln to continue innovating and providing cutting-edge solutions for institutional and individual stakers alike.