Content
04/25/2024
San Francisco, CA USA
Movement Labs
completed $38 million Series A Round funding. Investors include
Polychain Capital (lead), Archetype Ventures, Bankless Ventures, dao5, Figment Capital, Hack VC, Maven 11, Nomad Capital, OKX Ventures, Placeholder VC, Robot Ventures.
About
Co-founders, Rushi Manche and Cooper Scanlon, early builders in the Move ecosystem, founded Movement Labs in 2022 as the first integrated blockchain network, powering the fastest and most secure Layer 2 on Ethereum. Designed to pair smart contract security and parallelization with EVM liquidity and user bases, Movement is bringing the MoveVM to Ethereum through its flagship L2 and connected rollups with the Move Stack.
Startup
Sector:
Web3
Crypto
Blockchain
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