Layer 1 network developer Pod completes a $10 million seed round of financing, with a16z CSX and 1kx co-leading the investment

BlockBeatNews

2025-01-28 14:14:46

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BlockBeats news, on January 28, according to The Block, Layer 1 network developer Pod completed a $10 million seed round of financing, led by A16z Crypto Startup Accelerator (a16z CSX) and 1kx. Flashbots, Blockchain Builders Fund, and Protagonist also participated. Angel investors include Nick White from Celestia, David Tse from Babylon, Sergey Gorbunov from Axelar, Waikit Lau from Lau Ventures, and Apostolos Apostolaki from VentureFriends. The new funds will be used to build a “Consensus-free” Layer 1 network with the goal of achieving transaction speeds as fast as Google search.

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