According to BlockBeats, on September 24, Bitcoin’s second-layer Zulu Network announced the completion of its seed round of financing. The specific amount and valuation have not been disclosed yet. This round of financing was participated by Draper Dragon, Web3.com Ventures, CGV, Panony, D11 Labs and other well-known venture capital partners.
The seed round will be used to strengthen Zulu Network’s development team, drive marketing efforts, and expand community engagement initiatives. With this investment, Zulu Network aims to refine its protocol, strengthen security measures, and provide smoother integration for developers and users.
BlockBeats previously reported that on April 5, Bitcoin’s second-layer network Zulu Network completed a $3 million pre-seed round of financing. This round of financing was participated by Cryptogram Venture (CGV), D11 Labs, Web3.com Ventures, Satoshi Labs, Splinter Node Capital and others.
