Blockchain Network Artela Raised $6M, Led by Shima Capital

Artela is announcing today that it has raised over $6M in seed round funding led by Shima Capital, with participation from A&T Capital, Big Brain Holdings, SevenX Ventures, Dispersion Capital, Amino Capital, and others.

Artela is building a base-layer blockchain network to meet the increasing demand for large-scale decentralized applications. Artela’s design allows developers to build native extensions on top of the blockchain’s base layer in a modular manner, enabling more on-chain programmability. This approach will support developers to realize customized functionality in a lightweight and dynamic way, opening doors for faster innovations and more possibilities.

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