TechFlow reports, according to The Block, that Layer 1 network developer Pod has raised $10 million in a seed funding round led by A16z Crypto Startup Accelerator (a16z CSX) and 1kx. Flashbots, Blockchain Builders Fund, and Protagonist also participated in the round. Angel investors include Nick White of Celestia, David Tse of Babylon, Sergey Gorbunov of Axelar, Waikit Lau of Lau Ventures, and Apostolos Apostolaki of VentureFriends.
The newly raised funds will be used to build a "consensusless" Layer 1 network aiming to achieve transaction speeds as fast as Google Search.




