According to the official website, BlockJoy, a Web3 infrastructure company, announced that it has completed nearly US$11 million in seed and A rounds of financing. Gradient Ventures, Draper Dragon, Active Capital, Borderless Capital, Tribe Capital, Bessemer, Renegade Ventures, etc. participated in the investment. The new funds will be used for Helped it launch patented blockchain node management software.

According to reports, BlockJoy supports customers to deploy and run decentralized blockchain nodes on any infrastructure while maintaining a cloud-like experience, reducing costs by up to 80% compared with traditional cloud providers. Already running more than 1,200 validators for Helium in the six months since the platform launched, it recently launched beta support for Ethereum and Helium, with plans to support more new protocols after completing public beta testing in the coming weeks.