This round of financing was led by Lemniscap, with participation from Paper Ventures, Frachtis,
and other investors.
Hyve, a blockchain DA provider supported by the re-pledge protocol Symbiotic, has completed a pre-seed round of financing of US$1.85 million. Hyve’s signature solution, HyveDA, is a fully permissionless data availability layer that starts with a throughput of 1 GB per second and aims to dramatically boost this throughput to 50+ GB/s as the network grows.
