Gelato raises $11M in a Series A+ funding round

#Gelato secures $11M in a Series A+ funding round led by Hack VC, with participation from Animoca Brands, IOSG Ventures and Bloccelerate VC. Raised funds Gelato will use to expand its team and service to support more enterprise-grade rollups, aiming to become the “go-to platform” for startups to launch their own blockchains.

Gelato Network is a decentralized network of bots used by #web3 developers to automate smart contract executions on public blockchains. With Gelato, developers can outsource their web3 DevOps, allowing them to focus on building their core products.

👉 x.com/gelatonetwork/status/1850917037079437317

Lumia announces a partnership with Gelato

#Lumia partners with #Gelato , #Web3 ’s decentralized backend, enabling developers to create advanced smart contracts that are automated, gas-efficient, and capable of operating off-chain. Through this partnership, Lumia will integrate Gelato relay and functions, which enable Lumia devs to create Web2-like user experiences for #RWAs.

Lumia is a liquidity infrastructure protocol interconnecting Layer 1’s and Layer 2’s with boundless liquidity from CEXs and DEXs.

👉 x.com/BuildOnLumia/status/1853561559219388500