Modular Blockchain Network Celestia Raises $55M Co-led by Polychain Capital and Bain Capital Crypto

Modular blockchain network Celestia announced that it has raised $55m in Series A and Series B funding rounds co-led by Polychain Capital and Bain Capital Crypto, with participation from Delphi Digital, Blockchain Capital, FTX Ventures, Jump Crypto and others. Celestia aims to deliver more benefits to Web3 developers by introducing modular blockchain architecture, including scalability, security, and decentralization.