Odaily News Sorella Labs, a crypto startup dedicated to solving the Ethereum MEV problem, has completed a $7.5 million seed round of financing, led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, Nascent, and others. Ludwig Thouvenin, co-founder and CEO of Sorella, said the company completed its seed round of financing last September, but announced the news on Tuesday because one of the company's MEV tools is now available. He declined to comment on the structure of the seed round, valuation, and whether investors serve as directors or advisors to Sorella. Sorella Labs is developing two tools - Brontes and Angstrom, the former of which is already online. Brontes is an open source blockchain analysis tool for processing Ethereum blocks, classifying transaction behavior, and identifying MEV through pattern matching and analysis. Thouvenin described it as "an open source Etherscan with custom block analysis capabilities." Angstrom, on the other hand, will be launched as a Uniswap V4 hook and will use Sorella's off-chain network to run two auctions per block. The first auction determines who trades first, and the second is a batch auction where all orders are executed at the same price, preventing arbitrage common in DEXs. Angstrom is expected to be launched when Uniswap V4 goes live on the mainnet later this year. Sorella will first deploy Angstrom V1 on the mainnet, and then plans to expand V2 to multiple Layer 2s deployed on Ethereum. (The Block)