TechFlow reports, citing The Block, that Layer 2 protocol RISE Chain has raised $3.2 million in a seed funding round led by Finality Capital. Investors include Orange DAO, DACM, ether.fi Ventures, P2 Ventures, MH Ventures, Public Works, Vitalik Buterin, Stani Kulechov, Anthony Sassano (also known as sassal.eth), and DCF God.
RISE was founded by veteran Web3 builders Sam Battenally, Hai Nguyen, and Sasha Mai, and incubated by Caliber Venture Builder, a startup studio established by Loi Luu. The project was inspired by the desire to provide better solutions for scalability challenges.
Add to Favorites
Share to Social Media
