PANews reported on April 17 that according to official news, Embr Labs, an application development team based on Meme in the Initia ecosystem, announced the completion of a $1.8 million Pre-seed round of financing. This round of financing was jointly led by Robot Ventures and Lattice Fund, with TempleDAO and individual investor Daryl Lau participating in the investment.
It is reported that Embr.fun developed by Embr Labs is an application chain with Meme as the core, built on the Initia Interwoven Stack. It integrates gamification experience and allows users to publish, compete and grow their Meme assets in a competitive environment.
