The Ava Protocol Raises $10 Million in Seed+ Funding
The Ava Protocol, a pioneer in Web3 automation, has secured $10 million in Seed+ funding. This capital injection will support the development of Ava Protocol’s innovative Eigenlayer AVS, which aims to revolutionize private autonomous transactions on various blockchains, including Ethereum.
Expansion of Ava Protocol Investor Base
- Electric Capital, Taisu Ventures, Bloccelerate VC, BingX Exchange, and Shima Capital are notable contributors to the recent Seed+ round.
- Previous investors such as Polygon co-founder Sandeep Nailwal, Greylock, Foundation Capital, and GSR have also shown their support.
Innovative Vision and Support from Investors
Chris Li, Founder of Ava Protocol, expresses gratitude to investors for believing in the vision of composable autonomous transactions in Web3.
Sam Shev, Head of Marketing at Ava Protocol, acknowledges the importance of investor support in realizing their goals.
Jerry Chen from Greylock praises Ava Protocol’s transformative potential in blockchain payments and smart contracts.
Advancing Web3 for Private Autonomous Transactions
The recent funding will propel Ava Protocol’s mission to establish core Web3 infrastructure for private autonomous transactions based on intent.
- Enabled cross-chain smart contract automation.
- Testnet supports over 10,000 unique wallets with 1,000 automated transactions daily.
- Facilitates recurring and automated “Super-Transactions” for Ethereum.
- Strategic partnerships with Polkadot, Moonbeam, and Astar.
Celebrating Progress and Partnership for Ava Protocol
Ava Protocol is dedicated to creating innovative solutions for blockchain payments and smart contracts. The support from investors and the commitment of ecosystem partners highlight the potential for widespread adoption of autonomous transactions.
Hot Take: The Future of Ava Protocol in Web3
Ava Protocol’s successful funding round and growing investor base signal a promising future for the development of private autonomous transactions. With a focus on innovation and strategic partnerships, Ava Protocol is poised to revolutionize the world of blockchain technology.
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