Solana (SOL) DEX Orca raises $18 million from top VCs

Orca, a Solana-based DEX has closed an $18 million Series A funding round from some of the crypto industry’s leading venture capitalists.

Despite the Solana network’s recent technical issues, its native DeFi projects have continued to attract venture capitalist (VC) allocations.

Orca, a decentralized exchange (DEX) on Solana blockchain has raised $18 million in a Series A funding round, led by Polychain, Placeholder, and Three Arrows Capital.

Other investors that participated in the funding included notable VCs such as Coinbase Ventures, Jump Capital, Sino Global Capital, Solana Capital, Collab+Currency, DeFiance Capital, Zee Prime, and other angel investors.

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