Fiamma Completes $4 Million Seed Round Financing

Fiamma, a project based on BitVM2's on-chain ZKP verification infrastructure and Babylon's ecological infrastructure, announced the completion of a $4 million seed round of financing. Lightspeed Faction and L2 Iterative Ventures led the investment, with participation from Astera Ventures, Contribution Capital, Sats Ventures, Chapter One and FoundersHead, as well as BOB (Build on Bitcoin), Satlayer and Daedalus founders. The new funds will be used to accelerate product development and promote the adoption of its underlying technology.

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