Moondance Labs, an application chain infrastructure protocol, has completed a $6 million strategic financing round, led by Scytale Digital, KR1, and SNZ

2024-03-21 21:08:39

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According to ChainCatcher news, Moondance Labs, the developer of the application chain infrastructure protocol Tanssi Network, announced the completion of a $6 million strategic financing round, led by Scytale Digital, KR1, and SNZ, with participation from Arrington Capital, Borderless Capital, Hypersphere, Blockchain Founders Fund, and angel investor Gavin Wood.
The funds from this round of financing will be used to expand the Moondance Labs team and further develop Tanssi. In addition, Tanssi plans to launch an incentive testnet event. Previously, in May 2023, Moondance Labs announced the completion of a $3 million seed round financing, led by Arrington Capital, with participation from Borderless Capital, HashKey Capital, D1 Ventures, Hypersphere, C² Ventures, and Jsquare.

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