Web3 microchain startup Linera raised $6 million in seed funding, bringing the firm's total funds raised to $12 million. 

Borderless Capital led the round, which included additional participation from Laser Digital Ventures, DFG, Cadenza, Block1, Eterna Capital, MH Ventures, Matrixport, L2IV, ArkStream, Flow Traders, GSR Markets and OWC. A16z crypto, which led Linera's first funding round, provided continued support along with Tribe Capital and Cygni Capital.

Linera uses microchains, or numerous "lightweight" blockchains, to remove mempools and reduce validator transactions, thus bolstering the scalability of web3 applications. 

Linera microchains

“Linera’s microchains are a completely new and necessary evolution beyond a single monolithic blockchain,” Borderless Capital …