[YO Labs Completes $10 Million Series A Financing, Led by Foundation Capital]
Yield optimization protocol development team YO Labs announced the completion of a $10 million Series A financing round, led by Foundation Capital, with participation from Coinbase Ventures, Scribble Ventures, and Launchpad Capital. To date, YO Labs has raised a total of $24 million. YO Labs plans to use the funds to expand the protocol to more blockchains and improve infrastructure.