# Hinkal

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

- Industry: Software
- Headquarters: Stanford, US
- Website: https://hinkal.pro
- Total disclosed funding: $3M
- Latest round: Seed (Feb 16, 2023)
- Investors on record: 8

## About

Based in California, US, and founded in 2023, Hinkal operates as a software platform that engages in providing privacy across multiple blockchain networks in a decentralized system. In April 2024, Hinkal raised USD 1.4 million in venture funding led by investor Salt Ventures, with participation from Draper Associates.

Hinkal offers a multi-chain privacy layer, enabling confidential on-chain transactions and liquidations across various blockchain networks including Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Optimism. The platform provides protocols and wallets for both institutional and retail users, allowing them to run private DeFi strategies, and conduct private swaps, staking, yield farming, and transfers. Hinkal prioritizes security with measures such as an integrity check and partnerships with security experts.

The company intends to use the April 2024 funding to expedite the development and adoption of its privacy product solution.

## Funding rounds

- Seed, Feb 16, 2023, $3M — Draper, NGC Ventures, Orange DAO, Aquanow, Psalion VC, Web3.com Ventures, No Limit Holdings, Draperdragon Management Company

## Investors

- Draper (https://capitalatlas.ai/funds/draper) — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- Orange DAO — Seed
- Aquanow — Seed
- Psalion VC (https://capitalatlas.ai/funds/psalion-vc) — Seed
- Web3.com Ventures (https://capitalatlas.ai/funds/web3-com-ventures) — Seed
- No Limit Holdings (https://capitalatlas.ai/funds/no-limit-holdings) — Seed
- Draperdragon Management Company (https://capitalatlas.ai/funds/draperdragon-management-company) — Seed