TechFlow News, March 4 — According to CoinDesk, Infrared, the first Proof-of-Liquidity (PoL) staking protocol on Berachain, has completed a $14 million Series A funding round led by Framework Ventures. Combined with its previous $2.25 million strategic round led by Binance Labs and a $2.5 million seed round, Infrared’s total raised capital now reaches $18.75 million.
Infrared will offer liquid staking solutions for Berachain’s native tokens BGT and BERA. Users who stake their native tokens to earn validator rewards will receive iBERA, a liquid staking token that can generate additional yield across other DeFi protocols. Additionally, Infrared has become the first project supported by the Berachain Foundation's incubator "Build a Bera," which announced in January this year its search for collaborative startup projects.
Michael Anderson, co-founder of Framework Ventures, said: “We believe Infrared’s protocol will unlock significant productive capital across the broader Berachain ecosystem, while maximizing efficiency and returns. This will enable developers on the Berachain stack to innovate in entirely new ways.”
