Birdai Labs Secures $4M Funding for On-chain Transaction Infrastructure

Castle Island Ventures leads $4M round for Birdai Labs, aiming to mitigate MEV and slippage via proprietary transaction timing and propagation infrastructure.

Woofun AI reports that on-chain transaction infrastructure provider Birdai Labs has closed a $4 million funding round. Castle Island Ventures led the investment, with participation from Metalayer Ventures and The Venture Dept. Founded by former Franklin Templeton employees, the firm intends to utilize its own infrastructure to manage transaction timing, sorting, and propagation, thereby reducing the impact of MEV and slippage.