Aurora raises $12 million in its first funding round
Aurora, an Ethereum Virtual Machine (EVM) for scaling decentralized applications on NEAR, recently closed its first private round of funding by raising a total of $12M. In doing so, Pantera Capital, Electric Capital, Dragonfly Capital and other funds voiced their support for Aurora’s vision of becoming an Ethereum-scaling solution.
Over 100 investors took part in Aurora’s funding round, which was split between the ecosystem and venture capital buckets. The success of the raise reinforces Aurora’s appeal among the community and its objective to bring scaling solutions across the crypto ecosystem.