TechFlow news, according to The Block, MEV infrastructure developer Semantic Layer has announced a $3 million seed funding round led by prominent U.S. venture capital firm Figment Capital, with participation from Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram, and Perridon Ventures.
Semantic Layer aims to enhance transaction execution infrastructure through its Verifiable Aggregation Rules (VAR) and Verifiable Sequencing Rules (VSR). These tools will give dApps greater control over the ordering of on-chain interactions, enabling both developers and users to capture more value.
"The primary goal of this funding is to develop Semantic Layer's core products and increase market awareness of ASS, including sponsoring MEV-related research and supporting key developer workshops," said Daniel Tong, co-founder of Semantic Layer.
