Web3 open software library KRNL Labs completes $1.7 million Pre-Seed round of financing, with participation from TRGC and others

According to BlockBeats, on October 29, Web3 open software library KRNL Labs completed a $1.7 million Pre-Seed round of financing. This round of financing was participated by TRGC, Superscrypt, Ryze Labs, Builder Capital, Blockchain Founders Fund, WAGMi Ventures, STIX, YAP Capital and several strategic angel investors.

KRNL Labs is creating a new type of software management for Web3 by innovating at the RPC node level to enable cross-chain communication. KRNL Labs unlocks the ability to share libraries across blockchain networks, fundamentally changing the way execution tasks are handled.