MORPH, an Ethereum Layer 2 solution provider, has announced the completion of a total of $20 million in funding, including $19 million in seed funding and $1 million in angel funding. The funding round was led by DRAGONFLY CAPITAL, with participation from other investors including PANTERA CAPITAL, FORESIGHT VENTURES, THE SPARTAN GROUP, MEXC VENTURES, SYMBOLIC CAPITAL, PUBLIC WORKS, MH VENTURES, and EVERYREALM. Additionally, angel investors in the funding round include founders from projects such as POLYGON, MANTA, GALXE, SEI, NANSEN, and STORY PROTOCOL, as well as KOLs like ICEBERGY, MOONOVERLORD, NANIXBT, and DINGALING. MORPH plans to use this funding to accelerate team building, enhance developer incentives, and expand marketing efforts. MORPH is committed to providing project founders with a one-stop development tool and solution, based on three key technologies: decentralized sequencer, OPTIMISTIC ZKEVM integration, and modular design.

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<p>Shenzhen-based TechFlow has announced that Ethereum Layer 2 solution, Morph, has completed a $19 million seed funding round. The round was led by Dragonfly Capital, with participation from Pantera Capital, Foresight Ventures, The Spartan Group, MEXC Ventures, Symbolic Capital, Public Works, MH Ventures, and Everyrealm.</p>
<p>In addition, Morph has also secured $1 million in angel funding, with investors including founders from projects such as Polygon, Manta, Galxe, Sei, Nansen, and Story Protocol, as well as KOLs such as Icebergy, MoonOverlord, NaniXBT, and Dingaling. The funds raised in this round will be used by Morph to accelerate team building, enhance developer incentives, and expand marketing efforts.</p>
<p>Morph, as an Ethereum Layer 2 solution, aims to provide project founders with a one-stop development tool and solution. It is built on three key technologies: a decentralized sequencer, integrated Optimistic zkEVM, and modular design.</p>
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MORPH completes a $20 million financing round, led by DRAGONFLY CAPITAL.