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Web3 Infrastructure provider Avail raises $27M seed round
Avail, a Web3 infrastructure layer designed to unify the blockchain ecosystem, announced a $27 million seed funding round.
“Today’s raise led by world-class VCs, Founders Fund and Dragonfly, accelerates our vision to unify the Web3 space and solve the growing pains of fragmentation,” said Anurag Arjun, cofounder of Avail. By decoupling the different layers of the blockchain, Avail unlocks orders of magnitude scalability improvements and helps solve the current fragmentation issues in the space,” said Joey Krug, partner at Founders Fund. “We are confident in Avail’s vision of a unified Web3 ecosystem and believe that its solutions will definitely serve a wider picture in the long run via its credibly neutral, and scalable DA, security, aggregation, and interoperability layers,” said Haseeb Qureshi, managing partner at Dragonfly.
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