Fuel Network is developing an innovative solution to blockchain scaling. The project currently employs Layer 2 (L2) approaches to address scaling challenges. Its stated roadmap envisions a next phase centered on modular blockchains as an evolution beyond L2. The team presents this transition as the project's core technical trajectory. The company recently attracted $81.5 million in funding. The article describes that amount as a sizable capital infusion to support the project's development and scaling ambitions.

Total raised

$82M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2023