According to Deep Tide TechFlow, the full-chain Rollup network Initia has announced the completion of a $14 million Series A financing round, led by Theory Ventures, with participation from institutions such as Delphi Ventures and Hack VC, as well as several well-known angel investors. This round of financing brings Initia's total funding to $22.50 million, which includes previous seed rounds from Delphi Ventures and Hack VC, as well as pre-seed investments from Binance Labs. Initia plans to launch its mainnet and Token Generation Event (TGE) within the next two months, with at least 6 L2 networks going live on the first day. Currently, 12 teams have publicly announced their intention to build application chains on Initia's Interwoven Stack, and these teams have collectively raised over $13 million in funds.

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<p>According to TechFlow, the full-chain Rollup network Initia has announced the completion of a $14 million Series A financing round, led by Theory Ventures, with follow-on investments from Delphi Ventures, Hack VC, and several well-known angel investors. This round of financing brings Initia's total funding to $22.50 million, which includes previous seed rounds from Delphi Ventures and Hack VC, as well as pre-seed investment from Binance Labs.</p>
<p>Initia plans to launch its mainnet and Token Generation Event (TGE) in the next two months, with at least 6 L2 networks going live on the first day. Currently, 12 teams have publicly announced their plans to build application chains on Initia's Interwoven Stack, and these teams have collectively raised over $13 million in funding.</p>
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The full-chain Rollup network Initia has completed a $14 million Series A financing round, led by Theory Ventures.