Arcana Technologies

SoftwareSeedBangalore, Indiaarcana.network

Latest round

Seed

Last raised

Oct 2021

Total raised

$2.7M

Investors

11

About Arcana Technologies

Founded in 2019 in Bangalore, India, Arcana Technologies Limited specializes in blockchain solutions that enable multi-chain interactions. The company was established by Abhishek Chaudhary, Aravindh Kumar, Joshua Jenks, and Mayur Relekar.Arcana Network specializes in providing a seamless multi-chain experience through its innovative Chain Abstraction technology. This core offering allows users to maintain a unified balance across multiple blockchain networks without the need for cumbersome processes such as swapping, bridging, or paying gas fees in native tokens. The system enhances user experience by enabling applications to operate on their preferred blockchain while simultaneously attracting assets and users from various ecosystems. The products include the Arcana Wallet, which facilitates instant transactions and allows users to spend token balances across chains with a single click, as well as additional services such as authentication solutions that generate non-custodial wallets.80. The company generates revenue through partnerships and integrations, offering its Chain Abstraction technology as a service. The company aims to invest in community building while also planning to explore new market opportunities in various regions by 2024. Upcoming product launches are expected to enhance its offerings, though specific release date details have not been disclosed.

Who invested in Arcana Technologies

11 investors across 2 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Seed

    Oct 6, 2021

    Amount

    $2.3M

    Investors

    Locked

  2. Seed

    Jul 13, 2021

    Amount

    $0.4M

    Investors

    Locked

Questions about Arcana Technologies

Who invested in Arcana Technologies?

Arcana Technologies has 11 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 Arcana Technologies raised?

Arcana Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Arcana Technologies last raise money?

Arcana Technologies's most recent round on record is a Seed, in Oct 2021.

What does Arcana Technologies do?

Founded in 2019 in Bangalore, India, Arcana Technologies Limited specializes in blockchain solutions that enable multi-chain interactions.

Where is Arcana Technologies headquartered?

Arcana Technologies is headquartered in Bangalore, India.

Which VCs invest in companies like Arcana Technologies?

Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at Arcana Technologies's stage. Their profiles are linked below.

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