# Artela

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/artela

- Industry: Software
- Headquarters: Fremont, US
- Website: www.artela.network
- Total disclosed funding: $6M
- Latest round: Seed (Jul 12, 2023)
- Investors on record: 6

## About

Based in California, US, and founded in 2022 by CEO Jerry Lee, Artela Inc., a.k.a. Artela operates as an information technology company, managing an extensible blockchain platform where developers can design and build dApps on Web3. In July 2023, Artela Inc. raised over USD 6 million in seed funding led by Shima Capital, with participation from A&T Capital, Amino Capital, Big Brain Holdings, Dispersion Capital, and SevenX Ventures.

The company provides an extension layer that allows the addition of user-defined native extensions called Aspects for improving programmability while ensuring compatibility with existing smart contracts. The extension layer enables developers to customize their apps and increases the extensibility of the blockchain.

Artela plans to use its proceeds from July 2023 funding to advance the development of its technology, hire more staff, and expand its market.

## Funding rounds

- Seed, Jul 12, 2023, $6M — Amino Capital, SevenX Ventures, Shima Capital, A&T Capital, Big Brain Holdings, Dispersion Capital

## Investors

- Amino Capital (https://capitalatlas.ai/funds/amino-capital) — Seed
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Seed
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Seed
- A&T Capital (https://capitalatlas.ai/funds/a-t-capital) — Seed
- Big Brain Holdings (https://capitalatlas.ai/funds/big-brain-holdings) — Seed
- Dispersion Capital (https://capitalatlas.ai/funds/dispersion-capital) — Seed
