Techub News reports, according to The Block, that the modular DEX protocol Valantis has completed $7.5 million in Pre-Seed and Seed round financing. Valantis Labs completed $3.5 million in Pre-seed financing at a valuation of $20 million in April 2023, led by Cyber Fund and Kraken Ventures. In September 2024, it completed $4 million in Seed round financing at a valuation of $40 million, led by SevenX Ventures. Other investors include Semantic Ventures, Figment Capital, Robot Ventures, Anthony Sassano, and Sandeep Nailwal. Valantis provides a modular framework that helps developers build decentralized trading platforms through composable 'modules'. Valantis was established in July 2022 as an internal project of the blockchain research and engineering company Nethermind.