MegaLabs, the developer of the real-time blockchain platform MegaETH on Ethereum, has successfully completed a $10 million angel fundraising round via Cobie's Echo platform. The round attracted approximately 3,200 investors from 94 countries, with an average investment of $3,140. Notably, the initial target of $4.2 million was met within 56 seconds, and the full $10 million was raised in just three minutes. The fundraising was structured as equity with token warrants, maintaining the same valuation as the company's previous $20 million seed round. MegaLabs aims to enhance community involvement and support ecosystem projects with the new capital.
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