On November 29th, modular Layer-1 public chain U2U Network announced the completion of a total of $13.8 million in financing. This round of investors includes well-known institutions such as KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, and JDI Ventures. Among them, JDI Ventures also made equity investments to support U2U Network's hardware technology research and development. This financing will be used to promote the development of U2U Network's subnet technology, which emphasizes unlimited scalability and DoD (on-demand decentralization). The project is planned to be launched soon.

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