Tech Company Financing Transactions
Avail Funding Round
On 6/4/2024, Avail raised $43 million in Series A funding from Cyber Fund, Dragonfly Capital and Founders Fund.
Transaction Overview
Company Name
Announced On
6/4/2024
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Series A
Investors
Proceeds Purpose
The fresh round of capital will go towards building out Avail's Unification Layer, "a cutting-edge modular technology stack that combines data availability, aggregation, and shared security to enable modular blockchains to scale and interoperate permissionlessly and securely.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Dubai, Undisclosed
United Arab Emirates
Dubai, Undisclosed
United Arab Emirates
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At Avail, we're a team of innovators focused on evolving the blockchain landscape. Inspired by today's need for decentralization, we've crafted Avail as the foundation for tomorrow's trust-minimized applications. We believe that modular methodology will empower developers of all types to build the next generation of scalable apps. Our diverse team collaborates daily to challenge assumptions about what's possible with blockchains, and we work earnestly towards an inspiring future for all.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Marketing Officer
Neil Vidyarthi
Co-Founder
Anurag Arjun
Co-Founder
Prabal Banerjee
VP - Bus. Development
Kyle Rojas
VP - Engineering
Jakub Cech
VP - Product Management
Dan Mills
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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