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Intent-Centered Ethereum Layer 2 Network Essential Completes $11 million Series A Funding

Essential, the intent-centered Ethereum two-layer network, completed a $11 million Series A round led by Archetype, with participation from IOSG Ventures, Spartan Group, Mirana Ventures, Amber Group, Maven 11 and Big Brain Holdings, as well as angel investors from Celestia, Hashflow, LI.FI, Sorella and others.