Lava Network raised $11 M in a new round of funding on 2024-05-06.
LAVA
LAVA
0.1%
According to media reports, Lava Network raised $11 M in a new round of funding on 2024-05-06. the investors in this funding round include Animoca Brands,CoinGecko Ventures,Gate Ventures,Manifold Trading,The Rollup,CRYPTO TIMES,BreakOrbit,Megala Ventures,TPC Ventures,Fidenza Capital and others. Following this round, Lava Network's total funding reached $26 M.
Lava is a modular data access layer for blockchains. It introduces specs: a modular primitive that lets contributors permissionlessly add support for new chains and data services to the base protocol. RPC is the first service supported by the protocol but we are soon bringing further choice by integrating with indexing and API partners, such as Subsquid. Data consumers send requests to Lava’s network of data providers (node operators), who join Lava to meet demand for data. Lava creates dynamic, scalable markets around any blockchain data service. The protocol also creates crypto-economic guarantees around the quality of service, across speed, uptime and data accuracy.
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LAVA Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | $11 M | -- | 2024-05-06 | Animoca Brands,CoinGecko Ventures,Gate Ventures,Manifold Trading,The Rollup,CRYPTO TIMES,BreakOrbit,Megala Ventures,TPC Ventures,Fidenza Capital |
Key Milestones
- 2026-01-09
- 2024-07-30$LAVA was live for trading
- 2024-07-11
- 2024-05-07Lava Network raised $ 11 M in funding round
- 2024-02-15Lava Network raised $ 15 M in Seed round
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| 1H | 24H | 7D | 30D | 1Y |
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0.04% | 1.11% | 16.61% | 6.49% | 39.1% |
