Irys Secures $10 Million in Series A Funding Led by CoinFund

According to PANews, programmable data chain Irys has successfully raised $10 million in a Series A funding round. The investment was led by CoinFund, with participation from Hypersphere, Tykhe Ventures, Varrock Ventures, Breed VC, Echo Group, Amber Group, and WAGMI Ventures. This latest funding round brings Irys's total funding to $20 million. Previously, Irys, a developer of on-chain data solutions, completed another funding round led by Lemniscap, which increased its total funding to $8.9 million.