Zero-knowledge startup Lagrange Labs raised $4 million in pre-seed funding for secure blockchain interoperability development, enabling decentralized apps (dApps) to function across multiple networks. However, supporting multi-chain dApps could expose unaccounted risks and vulnerabilities, necessitating careful assessment.
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Portals Simplifies DeFi With $2M Seed Funding: Will Scalability Challenge Its Growth?
Calgary-based platform Portals aims to simplify Web3 and make complex DeFi actions accessible to anyone. They’ve closed a $2 million seed funding round led by Lightshift Capital. Portals eliminates complexities by bundling multi-step actions and providing access to over 20,000 staking opportunities. The funds will enhance performance, expand the team, and drive DeFi adoption.