Series A Round

Polymer Labs has raised $23 million in Series A funding to advance the development of its Ethereum-based interoperability hub, which aims to enhance blockchain interoperability. The platform is designed to facilitate seamless communication and transactions across different blockchain networks, addressing one of the critical challenges in the blockchain ecosystem. This funding will be utilized to further develop the technology and expand the team to accelerate the platform's launch. The investment will also support strategic partnerships and marketing efforts to position Polymer Labs as a leader in blockchain interoperability solutions.