Avail, a Web3 infrastructure platform aimed at uniting blockchain ecosystems, has successfully completed an initial funding round, raising $27 million from leading investors, including Founders Fund and Dragonfly. These funds will be used to develop Avail's core products: the data availability layer, the aggregation layer, and the security system, collectively known as Avail Trinity, which aims to simplify integration and interaction in the blockchain space.

Avail co-founder Anurag Arjun highlighted the significance of support from venture capitalists and emphasized the aspiration to create a unified platform to address the issue of fragmentation in Web3. Rooted in the Polygon ecosystem and officially founded in March 2023, Avail seeks to optimize the unification process by offering a single platform for blockchain community participants.

Venture partners, including Joey Krug from Founders Fund and Haseeb Qureshi from Dragonfly, expressed confidence in Avail's potential to serve the long-term interests of the Web3 community thanks to its neutral, scalable, and secure infrastructure. This funding opens new opportunities for Avail in its pursuit of unification and simplification of interactions within the blockchain ecosystem.