Ava Protocol, a trailblazing Web3 automation platform, has announced a significant milestone in its funding journey, securing $10 million in Seed+ funding. This investment will fuel the development of Ava Protocol's innovative Eigenlayer AVS, poised to transform private autonomous transactions for Ethereum and other blockchains.

The funding round saw participation from esteemed investors, including Electric Capital, Taisu Ventures, and Greylock, demonstrating the growing confidence in Ava Protocol's vision. Chris Li, Founder of Ava Protocol, expressed gratitude for the support, emphasizing the importance of investor belief in their mission to bring composable autonomous transactions to Web3.

Ava Protocol's solution has impressed investors, offering a sophisticated payment technology that elevates blockchain payments from simple events to streamlined processes. With over 30 ecosystem partners and strategic partnerships with Polkadot, Moonbeam, and Astar, the protocol is poised for widespread adoption.

The funding will advance Ava Protocol's core Web3 infrastructure, enabling cross-chain smart contract automation and private automation for transactions and smart contract execution. With its testnet already supporting over 10,000 unique wallets and 1,000 automated transactions daily, Ava Protocol's development is gaining momentum.

This investment marks a significant step forward for Web3 automation and private autonomous transactions, holding promise for transformative impact on sectors like DeFi, NFTs, and RWAs. As Ava Protocol continues to innovate and expand its ecosystem, its potential for growth and adoption is substantial.