Acala

AcalaACA

Decentralized finance network

About Acala

Founded

2019

Ecosystem

Community

Acala is a decentralized finance network powering the aUSD ecosystem, designed to be the financial hub of the Polkadot ecosystem. It is a layer-1 smart contract platform that is scalable, Ethereum-compatible, and optimized for DeFi. With Acala EVM+, developers can leverage the aUSD ecosystem while benefiting from the best of Ethereum and the full power of Substrate.

Team Members

Bryan Chen
Bryan ChenCo-Founder and CTO
Bette Chen
Bette ChenCo-Founder

Investors

Coinbase VenturesCoinbase Ventures
Pantera CapitalPantera Capital
1confirmation1confirmation
Arrington CapitalArrington Capital
ParaFi CapitalParaFi Capital
CoinFundCoinFund
Digital Currency GroupDigital Currency Group
The Spartan GroupThe Spartan Group
Zee Prime CapitalZee Prime Capital
CMS HoldingsCMS Holdings
PolychainPolychain
Hypersphere VenturesHypersphere Ventures
SNZ HoldingSNZ Holding
Divergence VenturesDivergence Ventures
AltonomyAltonomy
KR1KR1
HashKey CapitalHashKey Capital
P2P CapitalP2P Capital
Digital RenaissanceDigital Renaissance
Web3 CapitalWeb3 Capital
G
Goodmore Capital

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
--
--
2021-04-01
Coinbase VenturesCoinbase Ventures
--
$7.00M
--
2020-08-26
Pantera CapitalPantera Capital*
1confirmation1confirmation
+ 13
Seed
$1.40M
--
2020-03-26
HashKey CapitalHashKey Capital
Hypersphere VenturesHypersphere Ventures
+ 6