Peter Thiel's Founders Fund and global crypto venture capital firm Dragonfly Capital (@dragonfly_xyz) have co-led a $27 million seed funding round for Avail, a modular blockchain project. Avail, which is spearheaded by veterans from Polygon, aims to scale blockchain technology beyond its current capabilities. The funding round, which also saw participation from other investors, signifies a strong market interest in blockchain scalability solutions. Avail is positioning itself to compete with existing data availability solutions, such as Celestia (@CELESTIAORG), indicating its ambitions to be more than just a data availability provider.