Aurora raises $12M in debut funding to scale Ethereum ecosystem

Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (dApps) built on the Near protocol, has announced a $12 million debut funding round.

The round included over 100 venture capital investors including Pantera Capital and Electric Capital.

According to an official statement, Aurora will use the funds for expanding ​​cross-chain capabilities beyond its current offering, in addition to hiring specialist developers to support the growth of Ethereum…

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