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Lava Network Raises $15 Million in Seed Funding, Introducing Magma
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Lava Network has successfully secured $15 million in a seed funding round, introducing the next phase of the mainnet.
According to a recent blog post by Lava Network, the seed funding round was co-led by Tribe Capital, Jump Capital, and Hashkey Capital. Alliance DAO, Node Capital, North Island Ventures, Finality Capital Partners, and other investors participated in the round.
Excited to share Lava Protocol's $15 million seed raise to build a modular data access layer for Ethereum & web3.
We're also introducing our next phase to Mainnet: Magma.
Wallet users can now earn points on @ethereum, @NEARProtocol, @Starknet, @EvmosOrg and @axelarnetwork. pic.twitter.com/RwUTDHF4F4
— Lava Network
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