Movement Labs has raised $38 million in a Series A funding round.The round was led by Polychain Capital with participation from Hack VC, Placeholder, Archetype, Maven 11 Capital, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5 (daofive) and Aptos Labs.The project will migrate the Move virtual machine to Ethereum.The Movement Level 2 blockchain will also expand the use of the Move programming language beyond Aptos and Sui.Move was originally developed at Facebook (Meta) during the creation of Diem.
