Blockchain platform INITIA has completed a $7.5 million financing round in the COSMOS ecosystem. The round was led by DELPHI VENTURES and HACK VC, with support from multiple institutions including NASCENT, FIGMENT CAPITAL, BIG BRAIN, and A.CAPITAL. Additionally, angel investors such as COBIE, a anonymous cryptocurrency trader, DCF GOD, SPLIT CAPITAL co-founder ZAHEER EBTIKAR, FISKANTES, WSB MOD, and NICK WHITE, Chief Operating Officer of CELESTIA, participated in the funding. INITIA is an L1 platform located in the COSMOS ecosystem, utilizing OP ROLLUP technology to achieve application-specific L2 solutions. With INITIA's architecture, developers can easily launch application-specific blockchains based on INITIA L2 without the need for in-depth understanding of chain-level infrastructure or running validator sets.

ATOM

<div>
<p>Shenzhen-based TechFlow has announced that blockchain platform Initia has completed a $7.5 million financing round, with Delphi Ventures and Hack VC leading the investment. Other investors include Nascent, Figment Capital, Big Brain, A.Capital, as well as angel investors such as anonymous cryptocurrency trader Cobie, DCF God, Split Capital co-founder Zaheer Ebtikar, Fiskantes, WSB Mod, and Celestia COO Nick White.</p>
<p>Initia is an L1 on Cosmos that utilizes OP Rollup for application-specific L2. With Initia's architecture, which includes L1, L2, and the communication layer, developers can easily launch application-specific blockchains based on Initia L2 without the need to understand complex chain-level infrastructure or run validator sets.</p>
</div>

INITIA in the COSMOS ecosystem has completed a financing of 7.5 million US dollars, led by DELPHI VENTURES and HACK VC.