TechFlow News, Fuel Labs has announced an $80 million funding round led by Blockchain Capital and Stratos Technologies, with participation from Alameda Research, CoinFund, Bain Capital Crypto, TRGC, Maven 11 Capital, Blockwall, Spartan, Dialectic, and ZMT.
Fuel Labs is a startup aiming to accelerate crypto transactions, seeking to deliver the best experience for blockchain developers through its "Modular Execution Layer (MEL)."
According to previous reports, in September 2021, Fuel Labs, an Ethereum layer-2 scaling solution, announced raising $1.5 million in funding led by CoinFund, with participation from Fenbushi Capital and Origin Capital.Original link




