Nirvana Labs, a cloud startup focused on blockchain services, has raised an additional $6 million in seed extension funding, co-led by Jump Crypto and Crucible Capital. This funding round, which also included participation from RW3 Ventures, Castle Island, and Hash3 VC, brings the total funding for Nirvana Labs to $11.8 million. The startup aims to offer a cryptocurrency-tailored computing service that could provide cost-effective alternatives to major cloud providers like Amazon Web Services and Google Cloud. Currently, many blockchain node operators rely on these internet giants for computing resources, which can lead to centralization and high costs, especially on high-throughput blockchains such as Solana. The funding signifies optimism about Nirvana Labs' potential to reshape the landscape for blockchain infrastructure, reducing the sector's dependence on traditional cloud services.

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