Fluent Labs closes $8 million funding round led by Polychain Capital

According to The Block, hybrid execution network developer Fluent Labs completed a $8 million financing round led by Polychain Capital, with Primitive, DAO5, Symbolic Capital, Builder Capital, Nomad Capital, Public Works, and angel investors Balaji and Dingaling participating.

Fluent is the first hybrid execution network, an Ethereum L2, that mixes Wasm, EVM, and SVM applications into a unified execution environment. Hybrid execution allows programs written for different VMs to work together in a unified execution environment.