According to Odaily, Lumoz, a provider of blockchain expansion infrastructure, has announced the completion of a new round of strategic financing. The specific amount of funding has not been disclosed. The investors in this round include IDG Blockchain, Blockchain Coinvestors, Gate Ventures, Summer Capital, EVG, 7upDAO, and Sweep Ventures.

The new funds will be continuously used for the expansion of the Lumoz team, the construction and technological innovation of the modular computing power layer, and the ZK-RaaS platform. This strategic financing will enable Lumoz to further develop its blockchain infrastructure, enhancing its capabilities and services in the blockchain industry.