Cryptocurrency startup Sorella Labs has completed a $7.5 million seed round financing, led by Paradigm.

according to The Block, the crypto startup Sorella Labs, which aims to address the Ethereum MEV issue, has completed a $7.5 million seed round financing, led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures, and Nascent.

It is reported that to curb MEV attacks, Sorella Labs is developing two tools, Brontes and Angstrom, with Brontes launching today, and Angstrom expected to be released later this year after the mainnet launch of Uniswap V4.