Moondance Labs Raises $6M in Funding

Moondance Labs

Moondance Labs, a Tortola, British Virgin Islands-based provider of the Tanssi appchain infrastructure protocol, raised $6M in funding.

The round was led by Scytale Digital, KR1, and SNZ, and saw participation from prominent blockchain venture capitalists including Arrington Capital, Borderless Capital, Hypersphere, and Blockchain Founders Fund.

The company intends to use the funds to expand operations and development efforts.

Led by Francisco Agosti, CEO, Moondance Labs has developed Tanssi, which offers an appchain infrastructure protocol that simplifies and accelerates the deployment of appchains. By connecting a chain to Tanssi, it is instantly transformed into a modular appchain. This transition grants access to a developer-friendly and permissionless environment, fully stocked with all essential infrastructural components to run a chain out of the box. Key features include a shared and decentralized network of block producers, ensuring security and data retrievability, alongside integrations with tools like bridges, wallets, block explorers, RPC endpoints, indexers, oracles, and more.

FinSMEs

21/03/2024