Initia has raised $14M in a Series A funding round led by Theory Ventures

@initiaFDN
 has secured $14M in a Series A funding round at a $350M token valuation. Theory Ventures led the round, with 
@Delphi_Ventures
 and 
@Hack_VC
 participating. Initia's public testnet, dubbed The Initiation, concluded last month with over 125M transactions and nearly 3M unique wallets. 

The mainnet and token launch are expected within the next two months.

#Initia is a Layer 1 network on 
@Cosmos
 $ATOM with customizable Optimistic rollups for application developers to easily launch their L2. Previously, it has raised $7.5M in seed funding round backed by Delphi Ventures, Hack VC, 
@nascentxyz
, 
@FigmentCapital
 and received investment from 
@BinanceLabs
.