Ethereum Layer 2 developer Polymer Labs has completed a $23 million Series A funding round, led by Blockchain Capital and others

Ethereum Layer 2 developer Polymer Labs has completed a $23 million Series A financing round, led by Blockchain Capital, Maven 11 and Distributed Global. Coinbase Ventures, Placeholder, Digital Money Group, North Island Ventures and Figment Capital also participated.

 

It is reported that Polymer Labs is building an "Ethereum Interoperability Center", first connecting Ethereum and its rollup, then connecting all blockchains with the aim of establishing the next generation internet.