TechFlow news — Avail, a modular blockchain infrastructure layer, has completed a $43 million Series A funding round led by Founders Fund, Dragonfly, and cyber.Fund, with participation from Altos Ventures, Alliance DAO, Hashkey, SevenX Ventures, Elixir Capital, Spark Digital Capital, and RW3 Ventures. The company has now raised a total of $75 million.
Avail co-founder Anurag Arjun plans to use the funds to further develop a permissionless unified layer for Web3. Avail's roadmap includes building Avail Nexus, a unified layer built on top of Avail DA designed to enhance cross-chain operability, and Fusion Security, aimed at ensuring unified and shared security across the entire Avail ecosystem.
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