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Gelato Network has successfully raised $11 million in a Series A+ funding round, bringing its total funding to $23 million. The latest round was led by Hack VC and included participation from notable investors such as Animoca Brands and IOSG VC. The funds will be utilized to enhance Gelato's Rollup-as-a-Service (RaaS) platform, which aims to support the growing demand for smart contract automation in Web3 applications. Additionally, Gelato has announced a partnership with Kraken's Ink, a high-performance Layer 2 solution built on the Optimistic Rollup Stack, further expanding its capabilities in the blockchain space.
🫂 @gelatonetwork just secured $11 million in funding from Hack VC, IOSG VC, and @animocabrands to power its RaaS platform! 👤 Gelato will use this funding to expand its leading RaaS platform, offering more powerful tools and capabilities. 🔷 The funding will support the… https://t.co/g2KtdCISSA
We are excited to announce our continued investment in Gelato, the leading Rollup as a Service (RaaS) platform that has just secured $11 million in a Series A+ funding round. This new funding will help Gelato accelerate its growth as the go-to platform for enterprises and… https://t.co/6imbEdCAE1
.@gelatonetwork has raised $11 million in a Series A+ funding round led by @hack_vc. This latest round involves investor groups, including @animocabrands, @IOSGVC and @bloccelerate — bringing Gelato’s total funding to $23 million. https://t.co/GMTWS4cqa2 https://t.co/LNAV3ClE4q
