Blockchain scaling solution Avail secures $43m Series A led by Founders Fund, Dragonfly, & Cyber Fund, with a total funding of $75m.

Blockchain scaling solution Avail secures $43m Series A led by Founders Fund, Dragonfly, & Cyber Fund, bringing its total funding to $75m. The funding will support Avail's vision of a unified layer for Web3, addressing issues such as fragmentation, data availability, and scalability. The company aims to develop a compatible infrastructure layer, starting with rollups in the Ethereum ecosystem.

June 04, 2024
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