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Irys - Strategic
Overview
Funding Date
June 12, 2024
Financing amount
$3.5M
Valuation
--
Catagory
About Irys - Strategic
On-chain data developer Irys closed a $3.5 million funding round led by the crypto-focused venture firm Lemniscap, bringing Irys's total raised to $8.9 million. The round was backed by Framework, Primitive Ventures, Hypersphere, Permanent Ventures, EV3, Berachain co-founder Smokey The Bera, Ryan Watkins, Daniel Cheung and others. The new funding will be used to bolster data throughput and storage efficacy, scaling the infrastructure for transaction volume and creating strategic partnerships to widen the firm's market reach.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Canada | 2019 | 94 | hello@framework.ventures | ||
| Fund | United States of America | 2018 | 22 | dovey@primitive.ventures | ||
| Fund | United States of America | 2020 | 78 | -- | ||
| Fund | United States of America | 2021 | 4 | -- | ||
| Uncategorized | United States of America | -- | 7 | -- | ||
| Angel Investor | Unknown | 2021 | 4 | -- | ||
| Angel Investor | United States of America | -- | 4 | -- | ||
| Angel Investor | -- | -- | 3 | -- |
Founders & Team
Josh Benaron
Company Profile / Project Introduction
Irys is the only provenance layer. It enables users to scale permanent data and precisely attribute its origin. By tracing and verifying where data comes from, Irys paves the way to incorporate accountability into all information.