July 18, 2025 – Fluent, the first blended execution network designed to unify Wasm, EVM, and SVM-based smart contracts, today announced the successful closure of a $2.2 million Testnet Round. This latest funding, secured through strategic partners including echo.xyz, nativecryptox, q42_co, wagmi_vc, and tpcventures, is specifically earmarked to fund testnet operations and support the first wave of applications building on Fluent.
This new capital builds upon Fluent Labs' significant $8 million funding round announced on February 19, 2025. That round was led by Polychain Capital, with participation from prominent firms such as Primitive Ventures, Public Works, Dao5, Nomad Capital, Builder Capital, and Symbolic Capital, alongside a diverse group of angel investors. The combined investment underscores strong investor confidence in Fluent’s disruptive vision to usher in "The Era of Expressivity" for blockchain development.
Fluent is an Ethereum Layer 2 and framework that revolutionizes smart contract development by allowing contracts from different Virtual Machine (VM) targets—Ethereum Virtual Machine (EVM), Solana Virtual Machine (SVM), and WebAssembly (Wasm)—to directly call each other within a unified execution environment. This atomic composability across VMs means developers are no longer limited to a single VM's attributes, enabling them to build "10x apps with a 10x toolkit."
"The enthusiastic support from our investors, both in our initial $8 million round and now with the dedicated $2.2 million Testnet Round, validates the critical need for a blended execution network," said a spokesperson for Fluent. "Our goal is to empower developers with unprecedented flexibility, allowing them to leverage dozens of programming languages, thousands of off-the-shelf smart contracts, and hundreds of thousands of software libraries, all within a single, high-performance environment. This Testnet Round is crucial for fostering our early ecosystem and ensuring a robust launch for the next generation of decentralized applications."
Key Innovations and Features of Fluent:
- Blended Execution: Fluent is pioneering a unique approach where all EVM, SVM, and Wasm smart contracts are atomically composable and conveniently accessible through one wallet. This eliminates the silos traditionally found between different blockchain ecosystems.
- Parallel Execution: The network supports parallel execution for EVM, SVM, and Wasm, significantly enhancing throughput and efficiency.
- Zero-Knowledge Rollup: Fluent leverages zero-knowledge rollups to ensure full Ethereum security, providing a secure and scalable foundation for decentralized applications.
- EVM Compatibility: Full EVM compatibility ensures easy tooling and infrastructure integrations, making it seamless for existing Ethereum developers to transition and build on Fluent.
- Developer-Centric Design: With a robust suite of SDK tools and comprehensive documentation, Fluent makes it effortless for developers to build blended applications. It has already shipped Private Devnet V1 and V2, with a public devnet currently active, supporting apps composed of Solidity, Vyper, and Rust contracts.
Fluent's vision extends to providing a fast, secure, and convenient platform that simplifies the complexities of multi-VM development. By unifying virtual machines, Fluent is setting a new standard for expressivity and efficiency in the blockchain space.
About Fluent:
Fluent is the first blended execution network, an Ethereum Layer 2 and framework that unifies Wasm, EVM, and SVM-based smart contracts into a single, atomically composable execution environment. Designed to empower developers with unparalleled flexibility and expressivity, Fluent enables direct calls between different VM targets, supports parallel execution, and leverages zero-knowledge rollups for full Ethereum security. Backed by leading venture capital firms and angel investors, Fluent is building the foundational infrastructure for the next generation of decentralized applications, aiming to redefine smart contract development and foster a more integrated blockchain ecosystem.
Compiled by CMO Intern team