According to TechFlow, on October 10, the permissionless L1 network Delta announced the completion of a $11 million funding round. In this financing, Figment Capital and Maven 11 led the seed pre-round funding, while Variant and DBA led the seed round funding. Additionally, Michael Ippolito, co-founder of Blockworks, also participated as an angel investor. Delta's architectural functionality goals are similar to those of major Rollup "clusters" such as OP Superchain, AggLayer, or ZKsync Elastic Chain frameworks, all of which face interoperability challenges stemming from Ethereum's Rollup centralization roadmap. Delta theoretically has an advantage over application chains and Rollups by separating execution and transaction ordering from data availability and settlement. In Delta, execution occurs within various "domains," similar to Rollups or execution sharding for specific applications.

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<p>According to Deep Tide TechFlow, on October 10, the permissionless L1 network Delta announced the completion of a $11 million financing round. In this round, Figment Capital and Maven 11 led the seed pre-round financing, while Variant and DBA led the seed round financing. Additionally, Blockworks co-founder Michael Ippolito also participated in the angel investment.</p>
<p>Delta's architectural functionality goals are similar to those of major Rollups such as OP Superchain, AggLayer, or ZKsync Elastic Chain frameworks, all of which face interoperability challenges brought about by Ethereum's Rollup centralization roadmap. By separating execution and transaction ordering from data availability and settlement, Delta theoretically offers advantages over application chains and Rollups. In Delta, execution takes place across various "domains," similar to specific application Rollups or execution shards.</p>
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Permissionless Layer 1 network Delta completes $11 million financing, led by Maven 11 and others.