Algorand Foundation Overview: Introduction, Team, Fundraising and News

Algorand Foundation

Building trusted infrastructure for the borderless economy

algorand.foundation

Overview

Details

With a commitment to ensuring strong and lasting support for blockchain innovation, the Algorand Foundation fosters an open and transparent system where anyone can participate, develop, and innovate on the permissionless Algorand protocol, guided by the vision of an inclusive economy.

Team

John Woods

CTO

Min Wei

EVP, Ecosystem Growth

Christine Mohan

VP, Community & Ecosystem

Investments

Tag

Ecosystem

Token Issuance

Region

Operating Status

Onramp

FIAT to web3 money

Folks Finance

Capital markets protocol for borrowing and lending

Thetanuts Finance

Multi-chain structured products protocol

Milkomeda

Layer 2 Protocol delivering EVM capabilities to non-EVM blockchains

KAP Games

Web3 gaming distribution portal

Goracle Network

Oracle network

Monerium

Authorised and regulated electronic money

PlanetWatch

Global decentralized air quality monitoring network

Acquired

HesabPay

Interoperable digital payments platform

Bril Finance

Decentralized portfolio management platform

ANote Music

Marketplace for investing in music royalties

SafeBay

Treasury Management solution for Web3

Quantum Temple

Web3 platform dedicated to preserving cultural heritage

Deridex

Decentralized derivatives trading platform

ULTRADE

Multichain DeFi-as-a-Service infrastructure company

Distributed Finance

DAO and NFT player on Algorand

Koibanx

Tokenization & Blockchain payments platform

Blockpour

Multi-chain data aggregation and analytics platform

FlexID

Digital Identity Platform

WayRu

Decentralized Internet Network

T.E.A.M DAO

An incubator for next generation eSports champions

AlgoDAO

Infrastructure and Web3 Accelerators

TravelX

Travel Tokenization Solutions

EXA Finance

NFT marketplace on Algorand

Avocado DAO

Web3 gaming guild

HKbitEX

Digital asset exchange

Protego Trust Bank

Trust Bank

The New Computer Corporation (NCC)

Web3 product studio

Opulous

Web3 Music Solutions

Venue One

Decentralized Prediction Protocol on Algorand

Nimble

Decentralized insurance platform built on the Algorand blockchain

Total 31 Page

Name	Round	Amount	Valuation	Date
Folks Finance	Strategic	--	--	Feb 06
HesabPay	--	--	--	Dec 01, 2023
Bril Finance	Seed	$ 3 M	--	Sep 27, 2023
Onramp	Strategic	--	--	Sep 22, 2023
ANote Music	--	€ 3.3 M	--	Jul 28, 2023
SafeBay	Seed	$ 1.11 M	--	Jun 06, 2023
PlanetWatch	--	€ 3 M	--	Jan 26, 2023
Quantum Temple	Pre-Seed	$ 2 M	--	Jan 12, 2023
Milkomeda	--	$ 3.1 M	--	Oct 21, 2022
The New Computer Corporation (NCC)	Seed	$ 2.5 M	--	Oct 19, 2022
Deridex	--	--	--	Oct 13, 2022
KAP Games	Series A	--	--	Sep 24, 2022
ULTRADE	Seed	$ 2.4 M	--	Sep 06, 2022
OpulousOPUL	--	--	--	Aug 24, 2022
Distributed Finance	Seed	$ 2.5 M	--	Aug 23, 2022
Koibanx*	Series A	$ 22 M	--	Aug 18, 2022
Blockpour	Seed	$ 3.3 M	--	Jun 10, 2022
FlexID	--	--	--	May 30, 2022
Protego Trust Bank	Series A	$ 70 M	--	May 23, 2022
WayRu	Seed	$ 1.96 M	--	May 19, 2022