Octopus Network Raises $5M in Series A Funding

▤ Summary

Octopus Network, a Tokyo, Japan-based multi-chain cryptonetwork for bootstrapping and running appchains, raised $5M in Series A funding. The company intends to use the funds to accelerate growth and expand operations. Led by Louis Liu, Founder, Octopus Network provides a multi-chain cryptonetwork for bootstrapping and running Web3.0 application-specific blockchains and aka appchains. The company plans to launch its mainnet in September, and its first appchain, DeBio, a decentralised biomed network, in October. The Octopus Accelerator Program is a collection of open and composable courses and seminars available to both Substrate developers and Web3.0 teams worldwide.

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