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      Berachain's Logo

      Berachain - Series A

      Panorama Inversor Fundadores & Equipo Profil de l'entreprise / Introduction du projet

      Panorama

      Fecha

      April 20, 2023

      Monto de financiación

      $42M

      Valuación

      $420.69M

      Categoría

      DeFi Infrastructure

      Subcategoría

      Layer 1 Liquidity

      Acerca de Berachain - Series A

      Berachain raised $42.00M in a financing round at a valuation of $420,690,000 on Apr 20, 2023. The round was backed by Polychain Capital, Hack VC, dao5 and others. In total, there were 7 investors that participated in the round.

      Inversor

      InversoresTipearUbicaciónAño de fundación#Empresas de portafolioDirección de correo electrónicoSociales
      Fund United States of America 2016 163 [email protected]
      Fund United States of America 2017 78 [email protected]
      Fund United States of America 2022 37 --
      Fund United States of America 2018 49 [email protected]
      Fund United States of America -- 181 --
      Fund United States of America 2021 15 --
      Fund United States of America 2019 114 [email protected]

      Fundadores & Equipo

      Smokey the Bera's Logo

      Smokey the Bera

      Homme Bera's Logo

      Homme Bera

      Profil de l'entreprise / Introduction du projet

      Berachain is an EVM-compatible layer one blockchain, built using the Cosmos SDK, and secured by the novel Proof-of-Liquidity Consensus Protocol. The project aims to allow users to stake tokens while providing liquidity to DeFi protocols in parallel.

      Berachain has a tri-token system of bera (the native gas token), honey (a native stablecoin) and BGT (the "non-transferrable" Bera Governance Token). Users who stake bera or "other permissioned tokens" will earn BGT over time, allowing them to "capture honey generated by the underlying chain architecture as a reward for their participation in governance" .

      Berachain is the pseudonymous co-founders' second project, after the NFT project Bong Bears, a collection of "100 absolutely zooted NFT bears getting baked." 

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