Nuffle Labs raised $13M funding round

June 13, 2024

Company focused on enhancing NEAR’s modularity offerings Nuffle Labs raised $13M in a funding round led by Electric Capital, with participation from Canonical Crypto, Fabric Ventures, Caladan, Robot Ventures, Lyrik Ventures, Near Foundation, BlackDragon VC, DeFiDad, Dovey Wan, Jordi Alexander, Sandeep Nailwal, Sreeram Kannan, Sam Kazemian.

Nuffle Labs, spun out from Pagoda and the NEAR Foundation, is an independent venture focused on enhancing NEAR’s modularity offerings. Founded by the core contributors to NEAR Data Availability (NEAR DA) and NEAR Fast Finality Layer (NFFL), Nuffle Labs aims to advance modular blockchain design, support Ethereum’s rollup-centric future, and build a decentralized community. Leveraging NEAR Protocol’s technology, Nuffle Labs provides high-throughput, cost-effective data availability and fast settlement layers for rollups.

You can find all funding rounds, links, and details on the project page Nuffle Labs