On-chain data developer Irys closed a round of funding led by the crypto-focused venture firm Lemniscap, bringing Irys's total raised to $8.9 million. 

Framework, Primitive Ventures, Hypersphere, Permanent Ventures, EV3, Berachain co-founder Smokey the Bera, Ryan Watkins, Daniel Cheung and others participated in the funding round, according to a release shared with The Block. 

Irys, formerly known as Bundlr Network, has expanded its services beyond bundling transactions to enhance storage throughput for developing scalable on-chain data. Additionally, the platform is building infrastructure to trace and verify data in order to combat digital misinformation.

Irys intends to use the fundraise to bolster data throughput and storage efficacy, scaling the infrastructure for …