According to official news, Moondance Labs, an application chain infrastructure protocol Tanssi Network development company, announced the completion of US$6 million in strategic financing. Scytale Digital, KR1 and SNZ co-led the investment, Arrington Capital, Borderless Capital, Hypersphere, Blockchain Founders Fund and angel investor Gavin Wood Waiting for participation.
Funds from this round will be used to expand the Moondance Labs team and further develop Tanssi. In addition, Tanssi plans to launch an incentivized testnet campaign. Previous news in May 2023, Moondance Labs announced the completion of a US$3 million seed round of financing, led by Arrington Capital, with participation from Borderless Capital, HashKey Capital, D1 Ventures, Hypersphere, C² Ventures and Jsquare.