Anoma Foundation Raises $25 Million To Enhance Its Intent-Centric Blockchain Platform

2023-06-01 09:04:18

Anoma Foundation successfully completes its third funding round.
The intent-centric blockchain architecture firm raised $25 million from top Web 3 VCs.
The funding aims to boost adoption, enhance DApp developments and create partnerships.

Anoma Foundation, the steward of Anoma protocol, an intent-centric, privacy-preserving blockchain architecture, announced the successful completion of its third fundraising event raising $25 million from renowned blockchain VC firms. The funding round was led by blockchain-centric VC firm CMCC Global and welcomed several prominent industry players including Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, NGC, MH Ventures, Bixin Ventures, No Limit, Plassa, Perridon Ventures, Anagram, and Factor.

Other participants in this round include over 30 angel investors from founders of L1s and dApps to ZK cryptographers. Speaking on the latest capital injection, Charlie Morris, Co-founder and Managing Partner of CMCC Global stated:

“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 latest round of funding will be used to kick off the race to bring the third generation of blockchains to market, allowing developers to build apps that have never been built before.

Anoma offers an innovative platform that aims to give power back to the users by offering a platform that transforms “partially decentralized apps” or Web 2.5 apps into fully decentralized apps. As explained by Adrian Brink, Co-founder of Anoma, the platform will enhance decentralization and privacy across all decentralized apps built on it including DEXs, NFT marketplaces and rollups.

“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,” Brink added.

Notwithstanding, Anoma also provides a revolutionary blockchain architecture that allows developers to build novel DApps which cannot be built on the current virtual machines or existing blockchain architecture.

“Anoma’s intent-centric architecture represents a significant advancement across all fronts of blockchain infrastructure including scalability, UX, privacy and interoperability,” said Tommy Shaughnessy, Founding Partner of Delphi Digital.

Finally, the $25 million capital raise will be used to support ongoing R&D initiatives, boost user adoption rates through marketing and enable strategic partnerships and ecosystem development.

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