Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others
Submitted by Anonymous (not verified) on Tue, 05/07/2024 - 19:20The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.
The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.
The fresh round of capital will be used to help launch Puffer’s mainnet.
Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence ol
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a market value of $3.5 trillion by 202
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or cen
Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company.
The funds will be used to build out its three core products, "Avail DA," "Nexus," and "Fusion Security."
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene
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