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TechFlow News — "Data availability" blockchain project Avail has announced a $27 million funding round led by Founders Fund and Dragonfly. SevenX Ventures, Figment, Nomad Capital, and several angel investors also participated.
Avail was spun out from Polygon in March 2023 and is led by Polygon co-founder Anurag Arjun. The funds will be used to develop its three core products: "Avail DA," "Nexus," and "Fusion Security."
"Data availability" blockchain project Avail has announced the completion of a $27 million funding round led by Founders Fund and Dragonfly. SevenX Ventures, Figment, Nomad Capital, and several angel investors also participated. Notably, Avail spun out from Polygon in March 2023 and is led by Polygon co-founder Anurag Arjun. The funds will be used to develop its three core products: "Avail DA," "Nexus," and "Fusion Security."
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