Nitro Labs completed a $4 million seed round financing, led by Lemniscap

ChainCatcher news, according to The Block, the team behind Solana's scaling infrastructure platform Termina, Nitro Labs, has completed a $4 million seed round financing, led by Lemniscap, with participation from Animoca Ventures, Borderless Capital, Finality Capital, Race Capital, and No Limit Holdings. In addition, undisclosed angel investors such as Solana Foundation, Jump Crypto, and Spartan also participated in this round of financing. Termina is an open-source platform designed to enable developers to easily deploy custom Solana Rollups or SVM "network scaling".