# Avail Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avail-technology

- Industry: Internet
- Headquarters: Dubai, United Arab Emirates
- Website: www.availproject.org/
- Total disclosed funding: $70M
- Latest round: Series A (Jun 4, 2024)
- Investors on record: 20

## About

Based in Dubai, United Arab Emirates, and founded in 2023, Avail Technology Limited is a provider of modular blockchain technology designed to streamline the rollup experience of blockchain. In June 2024, Avail Technology Limited raised USD 43 million in series A funding from returning investors Founders Fund, Dragonfly, Cyber Fund, SevenX Ventures, Figment VC, Nomad Capital, LocalGlobe, Altos Ventures, Chapter One Ventures, Superscrypt, Foresight Ventures, Mirana Ventures, KR1 plc, RW3 Ventures, Alliance DAO, HashKey Capital, Elixir Capital, and Spark Digital Capital. Individual and other unspecified investors also participated in the round.

Avail Project is a Web3 infrastructure that speeds up Web3's integration. It includes three main parts: Avail DA for trust-minimized applications, Nexus for cross-chain compatibility, and Fusion Security for shared economic security. The project's goal is to help developers build scalable apps, making blockchain development more accessible.

## Funding rounds

- Series A, Jun 4, 2024, $43M — Altos Ventures, Founders Fund, Nomad Capital, Foresight Ventures, Elixir Capital, LocalGlobe, Spark Digital Capital, Chapter One, HashKey Capital, LongHash Ventures, SevenX Ventures, Mirana Ventures, Dragonfly Digital Management, Figment Capital, Alliance DAO, KR1, Superscrypt, Raptor Digital, Cyber Fund, HTX Ventures
- Seed, Feb 26, 2024, $27M — Founders Fund, SevenX Ventures, Dragonfly Digital Management, Figment Capital, Nomad Capital

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed, Series A
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Seed, Series A
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed, Series A
- Figment Capital (https://capitalatlas.ai/funds/figment-capital) — Seed, Series A
- Nomad Capital — Seed, Series A
- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A
- Foresight Ventures (https://capitalatlas.ai/funds/foresight-ventures) — Series A
- Elixir Capital (https://capitalatlas.ai/funds/elixir-capital) — Series A
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series A
- Spark Digital Capital — Series A
- Chapter One (https://capitalatlas.ai/funds/chapter-one) — Series A
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series A
- LongHash Ventures (https://capitalatlas.ai/funds/longhash-ventures) — Series A
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Series A
- Alliance DAO — Series A
- KR1 — Series A
- Superscrypt (https://capitalatlas.ai/funds/superscrypt) — Series A
- Raptor Digital (https://capitalatlas.ai/funds/raptor-digital) — Series A
- Cyber Fund (https://capitalatlas.ai/funds/cyber-fund) — Series A
- HTX Ventures (https://capitalatlas.ai/funds/htx-ventures) — Series A