Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto

Layer-2 firm Polygon Labs also participated in the investment round, a spokesperson for Espresso told CoinDesk over email. According to a screenshot tweeted by the Espresso team, other investors included the layer-2 developers StarkWare and Taiko. Offchain Labs, the main developer behind Arbitrum, the biggest layer-2 network, backed Espresso, according to a post on X by CEO Steven Goldfeder.

Source: https://www.coindesk.com/tech/2024/03/21/espresso-systems-raises-28m-in-series-b-led-by-a16z-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines