Zulu Network, a Bitcoin Layer 2 network, completed a $3 million Pre Seed round of financing

Zulu Network, the second tier network of Bitcoin, announced the completion of a $3 million Pre Seed round of financing, with participation from Cryptogram Venture (CGV), D11 Labs, Web3. com Ventures, Satoshi Labs, Splinter Node Capital, Polk Street Capital, BlueRun Ventures China, Ledger Capital, Link Capital, Jingle Mining, Waterdrop Capital, K24 Ventures, and CatcherVC. Zulu Network supports a dual layer architecture of EVM and UTXO, and is currently building a decentralized Bitcoin cross chain bridge to drive the development of DeFi in the Bitcoin ecosystem.