Anoma Foundation Completes A $25 Million Funding Round

Twitter icon  •  Published 9ヶ月前  •  Nikolas Sargeant

The Anoma Foundation has raised $25 million in its third funding round and will use the funds to enhance Anoma's intent-centric architecture and support ongoing research and development initiatives.

The Anoma Foundation has announced the successful completion of a $25 million fundraising round on May 31st, 2023.

In a press release shared with Cryptowisser, Anoma Foundation said this is its third funding round, and it was co-led by prominent blockchain-focused VC firm CMCC Global. 

Other investors include  Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, NGC, MH Ventures, Bixin Ventures, No Limit, Plassa, Perridon Ventures, Anagram, and Factor. In addition, over 30 angel investors, from founders of L1s and dApps to ZK cryptographers, endorsed the Foundation’s vision.

While commenting on this latest development, Adrian Brink, Co-founder of Anoma, said;

“Anoma is the first generalized intent-centric blockchain architecture that enables truly decentralized applications, from decentralized DEXs to decentralized rollup sequencers. Compared to existing architectures such as Ethereum/EVM, it makes dApps an order of magnitude more composable and an order of magnitude easier to build.”

Anoma’s intent-centricity introduces novel primitives that enable existing Web2.5 apps, such as rollups, decentralized exchanges, and NFT marketplaces, to be fully decentralized. This will pave the way for unique applications that cannot be developed on existing architectures to make their mark.

Charlie Morris, Co-founder and Managing Partner of CMCC Global, added that

“We are thrilled to have co-led this fundraising round of Anoma. The team is pushing the boundaries of protocol design and reimagining how base-layer infrastructure should operate. It is refreshing to see Anoma’s designs and philosophy against the backdrop of a homogenous group of layer-1 smart contract platforms.”

The team will use the funds to further develop and enhance Anoma's intent-centric architecture, support ongoing research and development initiatives, and drive adoption through tools that enable developers to build applications that cannot be built on any existing system. Anoma Foundation will also use the funds to establish strategic partnerships and ecosystem development.

Tommy Shaughnessy, Founding Partner of Delphi Digital, pointed out that;

“Anoma's intent-centric architecture represents a significant advancement across all fronts of blockchain infrastructure, including scalability, UX, privacy and interoperability. We are excited to be part of their journey towards revolutionizing decentralized applications.”

The Anoma Foundation is a Swiss non-profit focused on funding and coordinating the development of public goods, including Anoma’s intent-centric architecture and Namada, an L1 that brings the best multichain privacy to users today.

 

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.