Layer 2 project Enphyr completes US$1 million in seed round financing, led by Waveslab Ventures

Odaily Star Daily News Layer 2 solution Enphyr received a $1 million investment in a recent seed funding round, with a company valuation of $10 million. The funding round was led by Waveslab Ventures, with several important private investors also participating.
Enphyr said the funds will be used for team expansion, exploring strategic partnerships, and strengthening engineering projects to accelerate the realization of its protocol infrastructure in more application scenarios. Enphyr aims to build the next generation of applications using Ethereum's security.