According to Blockworks, Celestia announced the completion of a $100 million financing led by Bain Capital Crypto, with participation from 1kx, Syncracy Capital, Placeholder and Robot Ventures. This financing brings the total financing amount of the project to $155 million.

Celestia co-founder Mustafa Al-Bassam said that Celestia launched the first modular data availability layer last year, expanding the block space from the dial-up era to the broadband era. Core developers have now introduced a technical roadmap to expand the block space to the fiber era while maintaining verifiability and low latency.

A16z announced this week that it had made its first investment in the decentralized science project AminoChain, leading its $5 million seed round. A16z partner Arianna Simpson said that blockchain technology has the potential to revolutionize industries centered on transparency, security, and ownership, accelerating medical and scientific progress.

AminoChain says its technology connects enterprise healthcare organizations and medical applications can be built on top of it, aiming to provide transparency for patients who donate biospecimens.

Other notable financings include: Polymarket is considering raising more than $50 million in new capital; Initia announced the completion of a $14 million Series A financing led by Theory Ventures; Mawari Network announced the completion of more than $10 million in strategic financing led by Borderless, 1kx and Antfield; Daylight announced the completion of a $6 million financing led by Union Square Ventures and 1kx.