Tharsis Labs, the core developer of Evmos, closed a $27 million seed round of funding through a token sale led by Polychain Capital with participation from Galaxy, Huobi, HashKey, Coinbase Ventures, Circle Venture, Asymmetric and others. The funding will go toward hiring more engineers, developing strategic partnerships and building out the Evmos ecosystem of interoperable dapps.
Evmos is a Proof-of-Stake blockchain that is fully compatible and interoperable with Ethereum, aiming to be the "EVM Hub of Cosmos".