⚡️ @IglooInc has raised $11M in a strategic funding round led by @FoundersFund

Igloo, the parent company of the popular NFT brand @pudgypenguins, raises over $11M in a round led by Founders Fund to develop a new consumer-focused Layer 2 blockchain called @AbstractChain. Other investors in the round included @fenbushi, @1kxnetwork, @EVGHQ and @SeliniCapital. The funds will be used to set up Cube Labs, a new venture under the Igloo banner, to oversee and contribute to the development of the Abstract L2 blockchain.

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