Lava Network News
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growth-positive
With its LAVA token launch, the blockchain infrastructure provider aims to streamline data access for AI agents and decentralized applications.
Lava Network, a blockchain infrastructure provider, has successfully completed a $12 million fundraising round with contributions from notable investors such as iAngles, Animoca Brands, and others. The funds will be used to expand Lavas infrastructure, which supports data access across over 40 blockchain networks. The company plans to launch its LAVA token on major cryptocurrency exchanges, including Bybit. Lava Network aims to address data access bottlenecks by aggregating multiple providers, ensuring decentralized access to blockchain data. The platform supports developers and applications with secure access to blockchain networks, managing over 100 billion transaction requests daily. The integration of AI agents is a key growth driver, with projections indicating significant AI-driven blockchain transactions by 2025.
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Lava Network raises $15 million Seed round to build infrastructure for scaling blockchain data access | CTech
Israeli startup Lava Network has raised $15 million in a seed funding round for its modular network that simplifies access to blockchain through RPC & indexing. The round was led by Jump Capital, Hashkey Capital, and Tribe Capital, with participation from Alliance, Node, North Island, Quiet, Finality, Dispersion Capital, and early seed investors of Alchemy, Blockdaemon, ConsenSys (Infura), and QuickNode. Lava Network is working directly with ecosystems through its Incentivized Public RPC program, and has already signed partnerships with NEAR, Evmos, Axelar, Starknet, Koii, Agoric, and more.
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