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Lava Network raised $12M in a Series A led by iAngles and Animoca Brands to enhance its decentralized blockchain infrastructure for AI and dApps.

Lava Network raised $12M in a Series A led by iAngles and Animoca Brands to enhance its decentralized blockchain infrastructure for AI and dApps.

01/14/25, 2:54 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IL.svgtel aviv
Money raised
$12 million
Industry
information technology
cryptocurrency
blockchain
Round Type
series a
Investors
Sandeep Nailwal, Gate.Io Ventures, Animoca Brands, I Angles
Lava Network, based in Reykjavík, has raised $12 million to improve its platform that manages data access across various blockchain networks. The funding will be used to expand infrastructure and introduce its LAVA token to improve data traffic management.

Company Info

Company
Lava Network
Location
tel aviv, tel aviv district, israel
Additional Info
Lava 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. We 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!

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