TechFlow reports that Polymer Labs, an Ethereum Layer 2 developer, has raised $23 million in a Series A funding round led by Blockchain Capital, Maven 11, and Distributed Global, with participation from Coinbase Ventures, Placeholder, Digital Money Group, North Island Ventures, Figment Capital, and others.
Polymer Labs is building an "Ethereum interoperability hub" that will first connect Ethereum and its rollups, then expand to all blockchains, aiming to build the next-generation internet.
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