# Evmos

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

- Industry: Financial Services
- Headquarters: Berlin, Germany
- Website: www.evmos.org
- Total disclosed funding: $27M
- Latest round: Seed (Nov 2, 2022)
- Investors on record: 7

## About

Based in Berlin, Germany, and founded in 2021 by co-founder Federico Kunze Kullmer, Tharsis Labs Ltd., d.b.a. Evmos is a blockchain that enables cross-chain transactions between Ethereum and Cosmos. In November 2022, Tharsis Labs Ltd. raised USD 27 million in seed funding led by Polychain Capital, with participation from Asymmetric, Circle Ventures, Coinbase Ventures, Galaxy, HashKey Capital, and Huobi.

The company provides a scalable and interoperable Ethereum blockchain platform that enables developers to a build Cosmos blockchain that’s fully EVM (Ethereum Virtual Machine) compatible. The platform also expands the functionality of the smart contracts on the Ethereum Virtual Machine (EVM) by enabling cross-chain applications that tap the liquidity and user bases of multiple blockchain ecosystems to provide more unified experiences.

The company plans to use its proceeds from November 2022 funding to recruit more engineers, develop partnerships and build out the Evmos ecosystem of interoperable decentralized applications (dapps).

## Funding rounds

- Seed, Nov 2, 2022, $27M — Polychain Capital, Galaxy Asset Management, Coinbase Ventures, HashKey Capital, Huobi, Circle Ventures, Asymmetric

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed
- Huobi — Seed
- Circle Ventures — Seed
- Asymmetric (https://capitalatlas.ai/funds/asymmetric) — Seed