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Vue Labs, a Decentralized social layer for Web3, raises $6M Pre-seed and Seed from Eureka Capital, PAKA, Genesis Ventures, and AU21 Capital

Writer: TinaTina

Decentralized social layer for Web3

October 15, 2024


Vue Protocol, a Web3 social Layer2 solution, has raised $6 million in Pre-Seed and seed funding rounds. The investment came from Eureka Capital, PAKA, Genesis Ventures, and AU21 Capital. Vue Protocol is a decentralized platform designed to map multi-chain relationships, connect Web3 native developers, give users control over their data, and foster community collaboration.

Project

Latest Raise

Latest Raise Date

Stage

Lead Investor

Category

Vue Labs

$6M

October 15, 2024

Pre-Seed, Seed

Eureka Capital, PAKA, Genesis Ventures, and AU21 Capital

Web3, Social

Following the completion of this funding round, Vue Protocol will speed up the development of its social infrastructure, improve the user experience, and advance integrations with an increasing number of ecosystems within the Web3 landscape.


About Vue Labs

Vue Protocol is a decentralized social platform that leverages restaking to enhance its network. It aims to connect Web3 developers and users by mapping multi-chain relationships, giving users control over their data, and fostering community collaboration. By integrating with various ecosystems, Vue Protocol seeks to create a seamless and secure social experience within the Web3 landscape.


 

About Investor

The investment came from Eureka Capital, PAKA, Genesis Ventures, and AU21 Capital.

 

 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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