Lava Foundation Completes $11 Million Funding

Lava Foundation, the developer of modular blockchain network Lava, announced the completion of a $11 million financing round. Participants included Animoca Brands, Gate.io Ventures, CoinGecko Ventures, Polygon co-founder Sandeep Nailwal, Ash Crypto, CryptoLark, and media outlets Crypto Times Japan, Le Journal Du Coin and The Rollup. It is reported that the mainnet launch and airdrop are expected to take place in the coming months.