NEAR’s New Organization Receives $13 Million
June 13, 2024
The non-profit NEAR Foundation has launched Nuffle Labs, which will develop NEAR’s data availability layer, the NEAR Fast Finality Layer, and other tools in the NEAR modular product suite. The independent organization received $13 million in strategic funding for its launch from sources including Electric Capital, with angel investors like Sreeram Kannan from EigenLayer and Sandeep Nailwal from Polygon also participating.
