Berachain
💎 About the project: A Layer 1 blockchain utilizing the Proof of Liquidity consensus algorithm.
💰 Backers: $142M from Polychain Capital, Shima Capital, and others.

Aleo
💎 About the project: A private, fast, and efficient Layer 1 blockchain leveraging ZK proofs.
💰 Backers: $298M from a16z, Coinbase Ventures, Polychain, and others.

Burnt (XION)
💎 About the project: A blockchain built on the Cosmos SDK, designed to facilitate Web2 user onboarding.
💰 Backers: $36M from Multicoin Capital, Morningstar Ventures, The Spartan Group, and Animoca Brands.

Linera
💎 About the project: A Layer 1 blockchain developed using Rust.
💰 Backers: $12M from a16z, Borderless Capital, Tribe Capital, and others.

Fascinating to see the diverse range of blockchain projects and backers highlighted here. The mix of Layer 1 blockchains, consensus algorithms, and use cases is encouraging for the growth of the ecosystem.