The day is here! We’re unfolding the cards!
Avail raises $27m, led by
@foundersfund and
@dragonfly_xyz to accelerate the unification of web3!
With this, we’ll build the Avail trinity - a three-phase roadmap aimed at unifying multiple ecosystems in web3.
Consisting:
• Avail DA - The foundational base DA layer providing abundant blobspace for rollups to form a thriving ecosystem.
• Avail Nexus - The unification layer for rollups on any system, it will use Avail DA as the root of trust for coordination across the web3 ecosystem.
• Avail Fusion Security - An additive security layer for a growing and connected ecosystem of rollups and blockchains secured by native tokens of mature ecosystems like BTC, ETH, and others.
We’d like to thank our other investors
@SevenXVentures,
@Nomadcapital_io, and
@FigmentCapital along with our angel investors
@balajis,
@sunnya97,
@mudit__gupta,
@maqstik and
@ashwinrz who participated in the round.
Read more here -
blog.availproject.org/avail-…