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Union Labs completes US$4 million in seed round financing, with participation from Galileo and others

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According to The Block, Union Labs has completed a $4 million seed round of financing for the development of a cross-chain bridge based on zero-knowledge proofs. Venture capital firms Galileo, Semantic Ventures, Tioga Capital, Nascent, Lightshift, and Chorus One participated in the funding round. The funds will be used for recruitment and expansion.

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