Glacier Network completed US$2.9 million in seed round financing, with participation from Foresight X and others

2023-11-13 15:30:58BlockBeatsShare to:

According to BlockBeats news, on November 13, the decentralized data composable protocol Glacier Network completed a US$2.9 million seed round of financing. This round of financing was participated by Foresight X, UOB Venture Management, Signum Capital, Cogitent Ventures and Gate Labs. Glacier has received support from multiple Grants including Arweave Ecosystem PermaDao, Stanford Boundless Hackathon, Aptos Grant Dao and Foresight X Accelerator. Glacier aims to create a composable, modular, and scalable Layer 2 data-driven network for large-scale decentralized applications, and promote decentralized applications (Dapp) to create trustless data primitives based on decentralized databases (DDB). Example. Combined with the L2 Rollup solution, Glacier builds a programmable and composable multi-chain data network. Developers can use NoSQL GlacierDB to manage data in Arweave, Filecoin and BNB Greenfield.

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