Mandala Chain, an L1 focused on bridging the gap between government, enterprise, and retail in emerging markets, has completed its pre-seed funding round and secured $1 million in capital.

The funding round saw Harbour Industrial Capital at the helm, with O-DE Capital, NLS Ventures, and key players from the Polkadot ecosystem joining in on the action. This milestone signifies a crucial advancement in Mandala Chain’s mission to bring the next 100 million users into the Web3 ecosystem, leveraging its cutting-edge blockchain infrastructure while tackling real-world challenges in emerging markets.

“We are deeply grateful for the confidence our inv...