Linera, a Layer 1 blockchain founded by former Libra employees, has raised $152,824 in its community round since opening at 14:00 UTC on Sept. 1, according to BlockBeats. Nearly four days into the sale, the amount represents less than 2% of the official $8 million maximum and remains well below the $3.2 million minimum target. The round is scheduled to close at 14:00 UTC on Sept. 8, with market participation described as subdued and interest below expectations. Linera previously completed a $6 million financing led by Borderless Capital on Aug. 16, 2023, and a $6 million seed round led by a16z on June 29, 2022. The 2023 funding was earmarked for team expansion, development and testnet launches, strategic outreach in the Asia-Pacific region, and continued work on its developer academy, while the 2022 financing was intended to hire engineers and other team members to build the protocol.