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Eclipse Labs Raises $50M in Funding to Develop Ethereum L2 Solution
Eclipse Labs, a pioneering force in Layer 2 blockchain development, has recently announced the closure of a $50 million Series A funding round. Co-led by Placeholder and Hack VC, this funding round has propelled Eclipse Labs into the limelight, bringing its total capital raised to $65 million.
Eclipse Empowering Ethereum Layer 2 Development
The primary objective of this funding round is to propel the development of an innovative Ethereum Layer-2 solution leveraging the Solana Virtual Machine (SVM). By harnessing the high performance of the SVM and seamlessly integrating it with Ethereum’s liquidity, Eclipse Labs aims to offer a unique and differentiated Layer 2 solution.
Notable participants in this round include Polychain Capital, Delphi Digital, Maven 11, DBA, and Fenbushi Capital, with strategic contributions from Flow Traders, GSR, Apollo Global Management, and OKX Ventures. While the com
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