September 7, 2022 Fuel Labs raises $80M.

Fuel Labs raised $80M in a round led by Blockchain Capital and Stratos Technologies with participation from Alameda Research, CoinFund, Bain Capital Crypto, TRGC, Maven 11 Capital, Blockwall, Spartan, Dialectic and ZMT. The startup aims to provide a modular execution layer with superior speeds to industry standards. Fuel Labs previously raised $1.5M in September of last year.