Avail Raises $43 Million
June 5, 2024
Modular blockchain Avail, which spun out of Polygon last year, has raised $43 million in a Series A funding round ahead of its mainnet launch. Investors include Peter Thiel’s Founders Fund, Dragonfly, and Cyber Fund. This round brings total funding to $75 million, which will be used to build rollup-centric infrastructure.