Nuffle Labs has raised $13 million in a funding round led by Electric Capital to bolster its modular infrastructure services across blockchain layers.
The investment round saw participation from Fabric Ventures, Robot Ventures, Caladan, and notable individual investors like Dovey Won and Sandeep Nailwal.
Nuffle Labs plans to enhance its innovative blockchain infrastructure, including projects like the Near Data Availability solution and the Nuffle Fast Finality Layer (NFFL) for Ethereum's (CRYPTO:ETH) layer two rollups, aimed at improving transaction efficiency and security.
These advancements are expected to streamline user experiences by addressing liquidity fragmentation and reducing transaction finality times, marking a significant step forward in blockchain technology innovation.