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Stavanger, Norway-based Gateway.fm, a decentralised blockchain node infrastructure provider, announced on Monday, February 20, that it has raised $4.6M (approximately €4.3M) in a Seed round of funding led by Lemniscap.
CMT Digital Ventures, the LAO DAO, Folius Ventures, TRGC, Metaweb Ventures, Very Early Ventures, Factor Ventures, Fantom Foundation, and Unstoppable Domains Ventures also participated in the round.
Gateway.fm says it will use the funds to accelerate product development and to provision advanced staking services.
Additionally, the Norwegian company plans to use the funds to drive user acquisition and scale the company’s engineering department.