BlockBeats news, on October 17, Bitcoin protocol layer Surge announced the completion of a $1.8 million Pre-Seed round of financing, with participation from Autonomy, Gerstenbrot Capital, Double Peak Group, Sats Ventures, Vamient Capital, Samara AG, and angel investors including Rushi Manche of Movement Labs, Coingecko co-founder Bobby Ong and TM Lee.
The new funds will drive the development of its MetaLayer to fully tap the potential of Bitcoin as the global currency base layer. It is reported that Surge plans to launch its test network soon.
