COINOTAG News reported on May 13 that Nirvana Labs, a prominent player in the blockchain cloud services sector, has successfully secured a $6 million seed extension round. The investment was co-led by Jump Crypto and Crucible Capital, with notable participation from RW3 Ventures, Castle Island, and Hash3 VC. This funding underscores a growing interest in innovative cloud solutions tailored for the Web3 ecosystem. Nirvana Labs is recognized for its development of Nirvana Cloud, a cloud infrastructure specifically engineered to cater to the unique demands of decentralized applications and services. This strategic investment round is a clear indication of the robust potential and significant market demand for specialized blockchain solutions in today’s digital landscape.
Source: https://en.coinotag.com/breakingnews/nirvana-labs-secures-6-million-seed-extension-to-propel-web3-with-innovative-cloud-infrastructure/