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Lava Network Secures $15 Million Seed Funding

Lava Network, a modular data network for scaling access to any blockchain has secured $15 Million in Seed Funding Round co-led by HashKey Capital, Jump Capital and Tribe Capital.

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Other investors such as Alliance, Node, North Island, Quiet, Finality, Dispersion Capital, and the early Seed investors of the top infrastructure providers Alchemy, Blockdaemon, ConsenSys (Infura), QuickNode, validators, ecosystems and founders of Cosmos, Polkadot, Filecoin, StarkWare, Axelar, NEAR, Celestia, Celo, and more Particapted in the funding round.

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“At Lava, our vision is to unlock innovation across web3 by giving developers total flexibility to build with the most performant and scalable infrastructure,” said Yair Cleper, Founder and Core Contributor of Lava. “For a long time, infrastructure providers decide which chains to serve – they control the keys to all the doors. Developers use Lava to build whatever, wherever.”

Read also – Israel-based FreezeM Raises $14.2 Million Series A Funding

Lava Network help developers build web3-native apps on any chain, while giving users the best possible experience. Lava already offers access to Cosmos Hub, Osmosis, Juno, Ethereum, Arbitrum, Aptos, Polygon and many more!

Read also – Israel-based Permit.io Secures $8Mn Series A Funding

About Lava Network

Founded in 2022, Lava Network is a decentralized network of API providers, where developers make one subscription to access any blockchain. Providers are rewarded for their quality of service, so your users can fetch data and send transactions with maximum speed, data integrity and uptime. Pairings are randomized, meaning your users can make make queries or transact in privacy.

Read also – Clarity Raises $16M Seed Funding led by Walden Catalyst and Bessemer Venture Partners

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