Latest round

Series B

Last raised

Feb 2022

Total raised

$64M

Investors

15

About Axelar

Axelar Inc.Founded in 2020 by Georgios Vlachos in Waterloo, Canada, Axelar Inc. specializes in blockchain interoperability solutions.Axelar offers a Web3 interoperability platform that connects various blockchains via the Mobius Development Stack (MDS). This core product allows developers to build and deploy cross-chain applications efficiently, supporting diverse use cases like trade execution on Uniswap and NFT minting for real-world assets.Axelar generates revenue through B2B partnerships and service transactions within the blockchain ecosystem. Their model includes subscription-based access to the Mobius Development Stack and transaction fees for cross-chain operations, allowing clients to efficiently manage asset transfers and smart contract executions across multiple platforms.000 mn in February 2022, Axelar plans to enhance its growth and development efforts. The company aims to develop new products and expand into additional markets, although specific target markets and release dates have not been disclosed.

Who invested in Axelar

15 investors across 3 rounds

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Funding rounds

  1. Series B

    Feb 15, 2022

    Amount

    $35M

    Investors

    Locked

  2. Series A

    Jul 15, 2021

    Amount

    $25M

    Investors

    Locked

  3. Seed

    Nov 13, 2020

    Amount

    $3.8M

    Investors

    Locked

Questions about Axelar

Who invested in Axelar?

Axelar has 15 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Axelar raised?

Axelar has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Axelar last raise money?

Axelar's most recent round on record is a Series B, in Feb 2022.

What does Axelar do?

Axelar is a software company.

Where is Axelar headquartered?

Axelar is headquartered in Waterloo, Canada.

Which VCs invest in companies like Axelar?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Axelar's stage. Their profiles are linked below.

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