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INDUSTRY FIRST

Fluent Labs raised $8 million in a seed funding round led by Polychain Capital to build its Ethereum Layer 2 blended execution network.

Feb 19, 2025•6 months ago

Amount Raised

$8 Million

Round Type

seed

DoverCryptocurrencyBlockchain

Investors

Will PriceCristian ManeaDingalingSantiago SantosJason YanowitzMustafa Al BassamBalaji SrinivasanPublic WorksNomad CapitalBuilder CapitalSymbolic CapitalDao5PrimitivePolychain Capital

Description

Fluent Labs has successfully raised $8 million in seed and seed extension rounds with support from Polychain Capital and a range of notable investors. The funds will be used to expand their engineering team and enhance the Fluent ecosystem by deploying infrastructure for their testnet.

Company Information

Company

Fluent Labs

Location

Dover, Delaware, United States

About

Fluent is the first blended execution network - an Ethereum L2 that blends Wasm, EVM, and SVM apps into a unified execution environment. Blended Execution allows programs written for different VMs to work together within a unified execution environment. This results in real-time, atomic composability between these otherwise isolated paradigms, making it possible for developers to create cohesive applications, leveraging multiple programming languages and tools without compatibility concerns.

Company News

(2 articles)
Wed, 19 Feb 2025 08:00:00 GMT

Fluent Labs raises $8 million in funding led by Polychain Capital to build blended execution network - The Block

Tue, 09 Jul 2024 07:00:00 GMT

Dora Announces Close of $5.5M Early Stage Funding Round co-led by Dragonfly and Lemniscap - The Defiant

FundzWatch™ Score

84
Medium Activity

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Funding Insights

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VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers