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Avail - Series A
Overview
Funding Date
June 4, 2024
Financing amount
$43M
Valuation
--
Category
Subcategory
--
About Avail - Series A
Avail, a modular blockchain project that spun out of Polygon last year, has raised $43 million in a Series A funding round ahead of its mainnet launch. Peter Thiel's Founders Fund, Dragonfly and cyber Fund co-led the round, Avail said Tuesday. Other investors included SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Foresight Ventures, Mirana Ventures, KR1, Alliance and Hashkey Capital. Many investors, including Founders Fund and Dragonfly, are repeat backers of Avail, increasing their investments in the project.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2005 | 36 | [email protected] | ||
| Fund | United States of America | 2018 | 132 | [email protected] | ||
| Fund | Cayman Is. | 2013 | 12 | -- | ||
| Fund | China | 2020 | 108 | [email protected] | ||
| Fund | United States of America | 2018 | 46 | -- | ||
| Corporate | Unknown | 2022 | 28 | [email protected] | ||
| Fund | United States of America | -- | 24 | -- | ||
| Fund | Russian Federation | 2010 | 80 | [email protected] | ||
| Fund | -- | -- | 84 | -- | ||
| Fund | United Kingdom | 2016 | 24 | -- |
Founders & Team
Prabal Banerjee
Anurag Arjun
Company Profile / Project Introduction
Avail is a Web3 infrastructure layer that allows modular execution layers to scale and interoperate in a trust minimized way. Avail aims to accelerate the unification of Web3 using its cutting edge modular technology stack that combines data availability, aggregation, and shared security.