Hemi Labs Closes $15 Million Funding Round
Hemi Labs, co-founded by Bitcoin developer Jeff Garzik, closed a $15 million funding round led by Binance Labs, Breyer Capital and Big Brain Holdings, with Crypto.com, Web3 Ventures, CoinDesk reported, HyperChain Capital, Alchemy, SALT Fund, Kelly Investments, Sunflower Capital, DNA Fund, Gate Ventures, Quantstamp, TRGC, BTC INC, Artichoke Capital, Cypher Capital, SNZ Holding, C6E, IBG Capital, Protein Capital, MON Ventures, SV5, Impossible Finance, Jihan Wu, George Burke and Sonny Singh.
The funding will be used to develop and launch Hemi Network, a Layer2 modular blockchain network built on Bitcoin and Ether, with the Hemi Network's incentivized test network now live and the company aiming to launch its main network in Q4.
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