Fluent Labs has completed an $8 million funding round, with Polychain Capital leading the investment.

BlockBeats News, February 19th. According to The Block, hybrid execution network developer Fluent Labs has completed an $8 million funding round. The round was led by Polychain Capital, with participation from Primitive, dao5, Symbolic Capital, Builder Capital, Nomad Capital, and Public Works, as well as angel investors Balaji and Dingaling. The $8 million is the total amount of funding Fluent Labs has raised to date, although the company has refused to disclose its valuation.

Fluent is the first hybrid execution network, an Ethereum L2, which blends Wasm, EVM, and SVM applications into a unified execution environment. Hybrid execution allows programs written for different VMs to work together in a unified execution environment.