Sorella Labs completes $7.50 million seed funding round with Paradigm as the lead investor.

According to The Block, Sorella Labs, a crypto startup aiming to address the Ethereum MEV issue, has completed a $7.50 million seed funding round. The round was led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, and Nascent.

Reportedly, to combat MEV attacks, Sorella Labs is developing two tools, Brontes and Angstrom. Brontes has been launched today, while Angstrom is expected to be released later this year after the launch of Uniswap V4 on the mainnet.