Lens, a provider of an Ethereum network empowering social and finance, raised $31M in funding.
The round was led by Lightspeed Faction. Additional participants included Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Superscript, Re7, and Wintermute Ventures, as well as angel investors Rune Christensen, Aleksander Larsen, Anurag Arjun, Alex Gluchowski, Anton Bukov, Spencer Noon, Duncan Robinson and Illia Polosukhin.
The company intends to use the funds to accelerate the expansion of its scaling infrastructure, supporting the emergence of SocialFi.
Founded by Stani Kulechov, Lens, part of web3 technology company Avara, provides resilient infrastructure and a set of onchain modular features that empower developers to create innovative and user-centric socialFi experiences or integrate Lens’ onchain features into any application. It is founded on web3 technologies that preserve user ownership, control, and portability. With its open design, built-in social features, and monetization capabilities, Lens can be integrated into any application to power web3 capabilities.
FinSMEs
19/12/2024