Taiko raised $22 million in two rounds of funding, led by Sequoia China and Generative.

Based on zkRollup, Taiko, the Ethereum layer 2 network, raised a total of $22 million in two rounds of financing. The two rounds of financing were led by Sequoia China and Generative Ventures, with other investors including BAI Capital, GGV Capital, GSR Markets, IOSG Ventures, Kucoin Ventures, Mirana Ventures, OKX Ventures, Skyland Ventures, Token Bay Capital, Yunqi Blockingrtners, and well-known contributors and community members from the Ethereum ecosystem. In addition, Taiko has also launched its latest testnet, Alpha-3.

Reference: https://taiko.mirror.xyz/THTEOFtqE6pjDre5_Tzn04S0mjr7vCoMt5Y-uozfNv8

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