TechFlow reported on January 30 that, according to Theblock, MEV execution platform Mevvy announced a $2.8 million seed round led by Multicoin Capital, with participation from Chapter One Ventures, Hypersphere, and others. Investors also include Nathan Allman, founder of Ondo; TN Lee, founder of Pendle; Guy Young, founder of Ethena; Georgios Vlachos, founder of Axelar; as well as Jeffrey Feng and Jay Jog from Sei Network.
Mevvy focuses on simplifying the technical complexity of blockchain transaction ordering and execution, supporting chains such as Ethereum, Sui, and Sei, and providing an integrated development environment with pre-loaded open-source strategies. The funding will be used for product development, chain expansion, and collaboration with DeFi protocols. Meanwhile, the company has released a three-phase decentralization roadmap including expanding network support, launching the Mevvy Network, and open-sourcing core components.
