Web3 open software library KRNL Labs completes $1.7 million Pre-Seed funding round, with participation from TRGC and others

ChainCatcher news, according to Chainwire, the Web3 open software library KRNL Labs has completed a $1.7 million Pre-Seed funding round, with participation from TRGC, Superscrypt, Ryze Labs, Builder Capital, Blockchain Founders Fund, WAGMi Ventures, STIX, YAP Capital, and several strategic angel investors.

KRNL Labs is innovating at the RPC node level to achieve cross-chain communication, creating a new type of software management for Web3. KRNL Labs unlocks the ability to share libraries across blockchain networks, changing the way tasks are executed.

It is reported that KRNL Labs was founded by Tahir Mahmood and Asim Ahmad in 2022, aiming to address the fragmentation issues in Web3 and the inefficiencies of integrating existing solutions.