Blockchain cloud computing company Nirvana Labs completes $6 million seed expansion round financing, led by Jump Crypto and others

According to Blockworks, blockchain cloud computing company Nirvana Labs has completed a $6 million seed expansion round of funding, led by Jump Crypto and Crucible Capital, with participation from RW3 Ventures, Castle Island, and Hash3 VC, bringing its total funding to $11.8 million. The company provides tailor-made computing services for the encryption field. Unlike traditional cloud service providers that centralize computing resources, Nirvana uses bare metal infrastructure and only serves one client per server. Nirvana has served infrastructure providers such as BitGo and Fireblocks, and protocol foundations such as Avalanche and Berachain. Nirvana also plans to serve as a front-end service to help organizations deploy on DoubleZero, an Internet filtering startup.