The Ethereum ETH 0.03% expansion network Scroll has completed a $30 million Series A financing. This round of financing was led by Polychain Capital, with participation from BainCapital Crypto, Robot Ventures and Geometry DAO.
In addition, YingTong and Carlos Aria from the Ethereum Foundation, and members of the Ethereum community such as Anthony Sassal, Ryan Adams, and Santiago Santos also joined the round.
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Scroll is an Ethereum scaling network using zk-rollup technology. The testnet is planned to be launched in the second half of this year, and the funds from this round of financing will be used to expand engineering and operations team members.
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