Essential raises $11M in a Series A funding round
#Essential secures $11M in a Series A funding round led by Archetype with participation from IOSG Ventures, Spartan Group, Mirana Ventures, Amber Group, Maven 11, Heartcore Capital, Selini, DCLM, Big Brain Holdings and angel investors.
Essential is a blockchain startup developing an intent-centric #Ethereum #Layer2 network as an Optimistic rollup. Essential processes user intents off-chain using specialized solvers, making the process more efficient.
š blog.essential.builders/announcing-essential-11m-series-a/
