Sorella Labs, a San Francisco-based crypto startup, has raised $7.5 million in funding to advance its tools for identifying Maximum Extractable Value (MEV) activities and processing Ethereum blocks.
The funding round was led by Paradigm, with participation from Nascent, Uniswap Ventures, Robot Ventures, and Bankless Ventures. The funds will be used to expand Sorella Labs’ operations and accelerate the development of its innovative solutions.
Under the leadership of CEO Ludwig Thouvenin, Sorella Labs is focused on creating sustainable on-chain markets that address Ethereum’s MEV problem. The company’s key products include Brontes, a tool designed to identify MEV activities and process Ethereum blocks, and Angstrom, a tool integrated into Uniswap V4 to enhance its functionality.
Sorella Labs aims to contribute significantly to the blockchain ecosystem by providing solutions that reduce inefficiencies and enhance the overall performance of Ethereum-based transactions.