CoinVoice has learned that, according to TechCrunch, Avara, the development company behind Aave, Lens, and Family, has completed a $31 million financing round for the social protocol Lens, led by Lightspeed Faction. Avara founder Stani Kulechov stated that the Lens v3 version will launch on the mainnet in the first quarter of 2025, utilizing zkSync and validiums technology to reduce transaction costs, aiming to provide infrastructure for decentralized social applications.
According to Web3 asset data platform RootData, Avara, renamed from Aave Companies, is a vibrant pioneering brand collective in the decentralized finance and social sectors, including Aave, Lens, GNO, and others. [Original link]
