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
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 Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital Praxis gets $525M for utopic crypto, AI-friendly city Aethir Launches Decentralized Cloud Compute Network on Ethereum Mainnet Trump to make crypto a national priority in upcoming executive order: Bloomberg
Phantom Wallet raises $150 million at $3 billion valuation
20 Hours Ago BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
20 Hours Ago Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps
1 Day Ago Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
