Avail, a modular blockchain project that spun out of Polygon last year, has raised $43 million in a Series A funding round ahead of its mainnet launch.

Peter Thiel's Founders Fund, Dragonfly and Cyber Fund co-led the round, Avail said Tuesday. Other investors included SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Foresight Ventures, Mirana Ventures, KR1, Alliance and Hashkey Capital. Many investors, including Founders Fund and Dragonfly, are repeat backers of Avail, increasing their investments in the project.

Avail's Series A funding round comes just three months after it raised $27 million in seed funding in February. At that time, The Block reported that Avail was raising another round of funding. The latest round brings Avail's total funding to $75 million, including …