Unicorn Ultra (U2U Network) raised $10M in a funding round

PRESS RELEASE

Date: November 30, 2023

DAG-based and EVM-compatible chain Unicorn Ultra (U2U Network) raised $10M in a funding round from TimeGroup, Maxx Capital, U2Venture, Kiwi Group, Bmoon, UB Ventures (universal bitcoin ventures).

U2U Network is a DAG-based and EVM-compatible blockchain focused on revolutionizing real-world applications with infinite scalability and decentralization on demands. U2U Network facilitates complex, high-performance decentralized applications with unmatched security and efficiency, as well as is committed to delivering the one-stop solution for enterprise-level needs.

The project now at the Mainnet stage with the proven performance of its technology — Helios Consensus, the backbone of the U2U Network that offers up to 500,000 TPS with sharding enabled on our development network stress-test, 650 ms transaction finality, and aBFT consensus quadruple protection layers dPOS, PoET, PoR, and TEE.

All funding rounds, links and details you can find on the project page Unicorn Ultra