Rad Labs Secures $2.25 Million in Seed Funding

IconCryptoNewsTerminal Staff31 Jul, 2024

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Rad Labs Secures $2.25 Million in Seed Funding

Blockchain technology company Rad Labs has raised $2.25 million in seed funding led by CoinFund. Tribe Capital, EV3, and Protagonist also participated in the investment. The proceeds will be used to fuel the development of Rad Labs' blockchain infrastructure and expand its team. Rad Labs is a provider of blockchain-based solutions for businesses. The company's platform enables businesses to build and deploy blockchain applications quickly and easily. The seed funding will allow Rad Labs to continue developing its platform and expand its reach into new markets. The company is also planning to use the funds to hire additional staff and invest in research and development. "We are excited to have the support of such a prestigious group of investors," said Rad Labs CEO Anand Iyer. "This funding will enable us to accelerate the development of our platform and bring our solutions to a wider range of businesses."

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