16:34 Jun 28, 2022 Linera Raised $6M in Seed Round Led by a16z
Layer1 blockchain Linera announced that it has closed a $6m seed funding round led by a16z, with participation from Cygni Capital, Kima Ventures and Tribe Capital. The fund raised will be used to hire staff to build the protocol. Linera aims to create a low-latency blockchain which brings the scalability of Web2 to Web3.
Source Get the most concise crypto news, research, and insights by subscribing to our free newsletter.
Related News
Story Protocol confirms public mainnet to launch on Feb. 1 Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million LINE introduces Telegram-style Dapps to boost Web3 adoption in Asia ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round Crypto-AI startup Fraction AI raises $6 million in pre-seed funding 3 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
3 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
4 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
4 Days Ago Binance Records $3.97B Weekly Inflows
4 Days Ago MEXC Partners With Hacken to Increase Security Standards
