Cata Labs has raised $4.2 million in seed funding to support its development of a cross-chain liquidity layer to accelerate the economic activity between blockchains.

Spartan Group led the round, with participation from Robot Ventures, Maven11, Alchemy Ventures, HashKey Capital, Circle Ventures, Superscrypt, among others. Notable angel investors include Calvin Liu, Aditi Sriram, and David Phelps.