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Sorella Labs raises $7.5 million in seed funding led by Paradigm

2024.08.21 - 00:05

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TechFlow news, according to The Block, Sorella Labs, a crypto startup aimed at solving Ethereum's MEV issues, has raised $7.5 million in seed funding led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, and Nascent.

Reportedly, to combat MEV attacks, Sorella Labs is developing two tools: Brontes and Angstrom. Brontes launched today, while Angstrom is expected to be released later this year following the mainnet launch of Uniswap V4.

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