Deal flows remain steady this week, we saw $90M+ in deals 💼
Avail raised $27M in a seed round led by Peter Thiel's Founders Fund and Dragonfly Capital, with additional participation from SevenX, Figment, Nomad Capital, and others.
Avail will use the fund to build Avail Trinity, a three-phase roadmap aimed at unifying multiple ecosystems in web3:
(1) Avail DA: the core layer offering extensive storage for rollups to create a robust ecosystem.
(2) Avail Nexus: A unifying layer for rollups across systems, anchored in Avail DA for cross-web3 coordination.
(3) Avail Fusion Security: Enhances security across rollups and blockchains, leveraging tokens from established ecosystems like BTC and ETH.
#venturecapital #web3 #rollups
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