# Berachain

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

- Industry: Internet
- Headquarters: Cayman Islands
- Website: www.berachain.com
- Total disclosed funding: $142M
- Latest round: Series B (Mar 15, 2024)
- Investors on record: 24

## About

Based in the Cayman Islands and founded in 2021, Berachain operates as a layer 1 blockchain platform that focuses on decentralized finance (DeFi). In April 2023, Berachain raised USD 42 million in series A funding led by investor Polychain Capital, with participation from Dao5, Hack VC, Robot Ventures, Shima Capital, and Tribe Capital. 

The company is developing a tri-token system project called the BERA ecosystem that will enable staked assets to be used in DeFi protocols, enhancing on-chain liquidity and capital efficiency. Furthermore, the network will introduce its native gas token, BERA, its governance token, BGT, and a stablecoin, HONEY. The platform provides a structure that matches chain-level incentives between liquidity and security.

## Funding rounds

- Series B, Mar 15, 2024, $100M — Brevan Howard, Polychain Capital, Samsung NEXT Ventures, Hack VC, Tribe Capital, Cypher Capital, HashKey Capital, Amber Global Limited, SNZ Capital, Hypersphere Ventures, Framework Ventures, Primitive Ventures, Baboon.VC, Portal Ventures, Spartan Group, Arrington Capital Investment Management, LLC., Laser Venture Capital, No Limit Holdings, Animoca Ventures
- Series A, Dec 1, 2022, $42M — GoldenTree Asset Management, Polychain Capital, Hack VC, Tribe Capital, Robot Ventures, Shima Capital, CitizenX, dao5

## Investors

- GoldenTree Asset Management (https://capitalatlas.ai/funds/goldentree-asset-management) — Series A
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series A, Series B
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Series A, Series B
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series A, Series B
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Series A
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Series A
- CitizenX (https://capitalatlas.ai/funds/citizenx) — Series A
- dao5 (https://capitalatlas.ai/funds/dao5) — Series A
- Brevan Howard — Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B
- Cypher Capital (https://capitalatlas.ai/funds/cypher-capital) — Series B
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series B
- Amber Global Limited — Series B
- SNZ Capital (https://capitalatlas.ai/funds/snz-capital) — Series B
- Hypersphere Ventures (https://capitalatlas.ai/funds/hypersphere-ventures) — Series B
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Series B
- Primitive Ventures (https://capitalatlas.ai/funds/primitive-ventures) — Series B
- Baboon.VC (https://capitalatlas.ai/funds/baboon-vc) — Series B
- Portal Ventures (https://capitalatlas.ai/funds/portal-ventures) — Series B
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Series B
- Arrington Capital Investment Management, LLC. — Series B
- Laser Venture Capital (https://capitalatlas.ai/funds/laser-venture-capital) — Series B
- No Limit Holdings (https://capitalatlas.ai/funds/no-limit-holdings) — Series B
- Animoca Ventures (https://capitalatlas.ai/funds/animoca-ventures) — Series B