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Aurora raises $12M in debut funding to scale Ethereum ecosystem
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Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (dApps) built on the Near protocol, has announced a $12 million debut funding round.
The round included over 100 venture capital investors including Pantera Capital and Electric Capital.
According to an official statement, Aurora will use the funds for expanding cross-chain capabilities beyond its current offering, in addition to hiring specialist developers to support the growth of Ethereum scaling.
The scaling solution seeks to facilitate interoperability between blockchains through its EVM connection and multi-chain bridge, granting developers the accessibility to launch dApps with multi-chain functionality. Aurora has also revealed it is in the
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