# Ava Protocol

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ava-protocol

- Industry: Internet
- Headquarters: San Francisco, US
- Total disclosed funding: $4.5M
- Latest round: Seed (Jun 11, 2024)
- Investors on record: 8

## About

Founded in 2021 by Chris Li and Irsal McGinnis, and based in California, US, Chaintelligence Technology, Inc., doing business as Ava Protocol operates as a provider of advanced blockchain solutions designed to enhance privacy, automation, and cost efficiency for private autonomous transactions that are intent-based. In June 2024, Ava Protocol raised USD 4.5 million in seed funding co-led by investors Electric Capital and Taisu Ventures, Bloccelerate VC, BingX, and Shima Capital.

The firm’s technology includes features like intelligent automation, MEV protection for transaction confidentiality, and composability for seamless integration of smart contract calls without coding. Ava Protocol also supports cross-chain applications and offers tools for optimizing asset management, visualizing finances, and integrating with existing DeFi, NFT, and gaming smart contracts. Moreover, their platform features scheduled and recurring payments, stop-loss orders, and streaming rewards across various blockchains, including Ethereum.

The company intends to use the June 2024 funding to support the development of its Web3 infrastructure.

## Funding rounds

- Seed, Jun 11, 2024, $4.5M — Foundation Capital, Greylock Partners, Electric Capital, Bloccelerate VC, GSR Capital, Shima Capital, Taisu Ventures, BingX

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed
- Electric Capital (https://capitalatlas.ai/funds/electric-capital) — Seed
- Bloccelerate VC (https://capitalatlas.ai/funds/bloccelerate-vc) — Seed
- GSR Capital (https://capitalatlas.ai/funds/gsr-capital) — Seed
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Seed
- Taisu Ventures (https://capitalatlas.ai/funds/taisu-ventures) — Seed
- BingX — Seed