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AvailProject, a modular blockchain initiative spun out of Polygon in 2023, has successfully raised $27 million in seed funding to enhance its Web3 infrastructure. The funding round, which took place in 2024, was co-led by Founders Fund and Dragonfly, with additional investments from SevenX Ventures, Figment Capital, and Nomad Capital. This capital injection will support the development of Avail's projects, including the Avail DA, and further its mission to streamline the rollup experience for users. AvailProject aims to use the funds to execute its three-phase roadmap, the Avail trinity, which focuses on unifying multiple ecosystems within the Web3 space, leveraging the $TIA token.
#FundingWithYS 💰 💼 Company: @AvailProject 💸 Funding: $27 million ⚡ Round: Seed funding 👥 Investors: Peter Thiel's Founders Fund and global crypto venture capital firm @dragonfly_xyz. Read at 👇 https://t.co/d2iMQzgSAy by @akxnksha | @anuragarjun https://t.co/1McoOWVgU6
.@AvailProject has raised $27m in a seed round to build out its projects, including Avail DA. https://t.co/zjN7mfK9b1
Avail Project has raised $27M in the Seed funding round 📊 The #Seed funding round was co-led by foundersfund and dragonfly. Other investors include SevenXVentures, Figment Capital, and Nomad Capital. #Crypto #BTC #VC #Web3 https://t.co/g8uEeX1l9e
