Nuffle Labs Secures $13 Million to Boost NEAR’s Modular Network

Nuffle Labs Secures $13 Million to Boost NEAR’s Modular Network



Nuffle Labs, a spin-off from the NEAR Foundation, has successfully raised $13 million in its latest funding round. This marks a significant step for the platform, formerly known as NEAR Modular, as it embarks on enhancing the NEAR protocol’s modular capabilities.



Strategic Spin-Off Focused on Modular Network Solutions



Emerging from its origins within the NEAR Foundation and Pagoda, Nuffle Labs aims to drive growth in the modular ecosystem by providing essential solutions to rollups. The entity is powered by the original developers behind the NEAR Data Availability Layer (NEAR DA) and the NEAR Fast Finality Layer (NFFL).



Significant Financial Backing



The $13 million capital injection includes a strategic grant from the NEAR Foundation and investments from prominent venture capital firms. The funding round was spearheaded by E


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