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Celestia - Undisclosed
Overview
Funding Date
September 23, 2024
Financing amount
$100M
Valuation
--
Category
Subcategory
About Celestia - Undisclosed
The Celestia Foundation, the organization primarily behind the modular blockchain network, has raised $100 million in a round led by Bain Capital Crypto. Syncracy Capital, 1kx, Robot Ventures, Placeholder and others participated in the round, which brings the foundation's total financing to $155 million.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | -- | 19 | -- | ||
| Fund | United States of America | 2022 | 1 | -- | ||
| Fund | Netherlands | 2017 | 81 | -- | ||
| Fund | United States of America | 2019 | 114 | [email protected] | ||
| Fund | United States of America | 2017 | 43 | -- |
Founders & Team
Mustafa Al-Bassam
Ismail Khoffi
John Adler
Company Profile / Project Introduction
Celestia is a unique layer 1 blockchain whose only job is to order transactions and verify that the published data is available. This allows specialized blockchains for hosting applications to deploy on top of it. By taking this approach, Celestia achieves properties of scalability, flexibility and interoperability unmatched by previous blockchain designs.