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      Berachain's Logo

      Berachain

      Overview Fundraising Founders & Team

      Overview

      Location

      Canada

      Launched

      2021

      Category

      DeFi Infrastructure

      Subcategory

      Layer 1 Liquidity

      Fundraising Round

      Series B

      Valuation

      $1.5B

      Cumulative Amount

      $211M

      About Berachain

      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." 

      Coin or Token

      Berachain's Logo Berachain

      Price

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      Fundraising

      Series A Undisclosed Series B
      Date: April 20, 2023
      Amount: $42M
      Valuation: $420.69M
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      FundUnited States of America 2016 163[email protected]
      FundUnited States of America 2017 78[email protected]
      FundUnited States of America 2022 37--
      FundUnited States of America 2018 49[email protected]
      FundUnited States of America -- 181--
      FundUnited States of America 2021 15--
      FundUnited States of America 2019 114[email protected]
      Date: March 15, 2024
      Amount: $69M
      Valuation: $1.5B
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      FundUnited Kingdom 2002 34[email protected]
      FundCanada 2019 95[email protected]
      Date: April 12, 2024
      Amount: $100M
      Valuation: $1.5B
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      FundUnited States of America 2002 12[email protected]
      FundCanada 2019 95[email protected]
      FundUnited States of America 2016 163[email protected]
      FundUnited States of America 2017 78[email protected]
      FundUnited States of America 2018 49[email protected]

      Founders & Team

      Smokey the Bera's Logo

      Smokey the Bera

      Homme Bera's Logo

      Homme Bera