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TechFlow reports that Enphyr, a Layer 2 solution built on the Ethereum network, has announced a $1 million seed funding round at a $10 million valuation, led by Waveslab Ventures.
The funds will be used to expand the team, develop strategic partnerships, and strengthen engineering initiatives to advance protocol infrastructure and enable additional use cases.
A $1 million seed round led by Waveslab Ventures has achieved a $10 million valuation. The funding will be used to expand the team, develop strategic partnerships, and strengthen engineering initiatives to advance protocol infrastructure and enable broader use cases. Enphyr's team expressed gratitude for investors' trust, emphasizing the protocol's vision of connecting blockchain with real-world commercialization while prioritizing compliance and safeguarding data for individuals and organizations.
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