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Avantis has successfully raised $800 million in its Series A funding round. The lead investors were Founders Fund and Pantera Capital, with additional investment coming from Symbolic Capital, SALT Fund, and Flowdesk. No valuation figure was immediately available. They chose to announce this news now instead of mid-2024 regarding the completion date because it aligns better with current developments on Layer 2 base chains within the Base ecosystem. End of summary.
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