Irys, formerly Bundlr Network, secures $3.5 million in funding led by Lemniscap, bringing their total funding to $8.9 million. Participating in the round were Framework Ventures, Primitive Ventures, Hypersphere, and others. Irys plans to enhance data throughput and storage efficiency, scaling infrastructure for transaction volumes. CEO Josh Benaron aims to forge strategic partnerships and expand market presence, focusing on combating digital misinformation.
