CoinVoice has recently learned that Semantic Layer, a MEV infrastructure developer, has announced the completion of a $3 million seed round of financing, led by Figment Capital, with participation from Hack VC, Robot Ventures and Bankless Ventures.
The Semantic Layer aims to enhance the infrastructure for transaction execution through its Verifiable Aggregation Rules (VAR) and Verifiable Sorting Rules (VSR).
Daniel Tong, co-founder of Semantic Layer, said that the main purpose of this round of financing is to develop Semantic Layer's core products and increase ASS's market awareness. [Original link]