Linea Ecosystem Investment Alliance announces the first batch of seven invested projects

The Linea Ecosystem Investment Alliance (LEIA), a group of over 50 leading venture capital firms dedicated to supporting startups on Linea, recently announced its first batch of investments in seven projects. These include payment and asset infrastructure Agora, modular data layer for gaming and AI CARV, cross-chain DeFi protocol Entangle, decentralized perpetual contract exchange MYX, Web3 SocialFi wallet Tomo, lending market ZeroLend, and modular protocol stack Inverter. It is reported that LEIA was launched in July last year with the aim to simplify the financing process for startups based on Linea (the largest and fastest-growing zkEVM on Ethereum). The group invests across various stages and industries with a focus on DeFi, social media and gaming.