Algorand Foundation
Latest round
- Series A
Last raised
- Oct 2018
Total raised
- $66M
Investors
- 9
About Algorand Foundation
Based in Singapore, Singapore, and founded in 2017, Algorand Foundation Ltd. is a company dealing with blockchain accelerating the convergence of decentralized and traditional finance. Silvio Micali is the founder and Steve Kokinos is the current CEO of the company. The company develops an open-source, permissionless, proof-of-stake blockchain protocol for next-gen financial products. Its technology called FutureFi (future of finance) focused on removing friction from the financial exchange, is driving the DeFi (decentralized finance) evolution by facilitating value creation and exchange, developing new financial tools and services, transferring assets onto the blockchain, and delivering appropriate privacy models. The Arrington Algo Growth Fund (AAGF) plans to spur additional development in the company (AAGF will invest in Algorand-focused projects, including liquid and illiquid coins, to empower projects that are creating new financial applications in the Algorand ecosystem).
Who invested in Algorand Foundation
9 investors across 2 rounds
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Questions about Algorand Foundation
Who invested in Algorand Foundation?
Algorand Foundation has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Algorand Foundation raised?
Algorand Foundation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Algorand Foundation last raise money?
Algorand Foundation's most recent round on record is a Series A, in Oct 2018.
What does Algorand Foundation do?
Based in Singapore, Singapore, and founded in 2017, Algorand Foundation Ltd.
Where is Algorand Foundation headquartered?
Algorand Foundation is headquartered in Singapore, Singapore.
Which VCs invest in companies like Algorand Foundation?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at Algorand Foundation's stage. Their profiles are linked below.
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