Odaily News FastLane Labs announced that it has completed a US$6 million financing round, led by Figment Capital and DBA, with participation from Coinbase Ventures, Robot Ventures, Hashkey Capital, CHORUS ONE and others.
According to previous news, in May 2023, FastLane Labs, the developer of Polygon ecosystem MEV solution FastLane, announced the completion of a US$2.3 million seed round of financing, led by Multicoin Capital, with participation from Polygon Ventures, Shima Capital, Delphi Ventures, Everstake Ventures, a41 Ventures and Symbolic Capital, the venture capital fund of Polygon co-founder Sandeep Nailwal.
It is reported that the FastLane protocol focuses on creating income for validators, improving the efficiency of algorithmic traders, and minimizing redundant transactions on the network of network participants without the need to install or manage custom software on verification nodes.