**Lens Raises $31M for Blockchain Expansion**

Lens, a layer-2 blockchain by Avara, secured $31 million in a funding round led by Lightspeed Faction. The funds aim to enhance network infrastructure before its mainnet debut in early 2025. Lens focuses on SocialFi, offering customizable features like Accounts and Feeds, and aims for mainstream adoption by being cost-effective and user-friendly.

The project, built with ZKsync and Avail, has partnered with major players like Alchemy and Chainlink. Investors include Circle and Consensys. Lens founder Stani Kulechov emphasizes user data control and monetization opportunities.