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High Tech Series C Founded 2019

Astar Network

Astar Network is a multi-chain and multi-virtual machine decentralized application platform that enables users to manage plasma-based network balances, dApp staking, and chain transactions. The platform provides on-chain governance technology for enterprises to maintain network facilitation and activities. Astar supports both EVM and WASM smart contracts, offering developers flexibility in building decentralized…

📍 Singapore, Singapore · Blockchain Infrastructure,

Funding snapshot

Last roundSeries C
Amount$34M
Date21 May 2025
Total raised$34M
Team size29

About

Astar Network is a multi-chain and multi-virtual machine decentralized application platform that enables users to manage plasma-based network balances, dApp staking, and chain transactions. The platform provides on-chain governance technology for enterprises to maintain network facilitation and activities. Astar supports both EVM and WASM smart contracts, offering developers flexibility in building decentralized applications. The network's dApp staking mechanism rewards developers for building on the platform. Founded in 2019 and headquartered in Singapore, Astar Network has raised approximately $34.4 million at the Series C stage from investors including Binance, OKX, Polychain, IOSG Ventures, Fenbushi Capital, HashKey Capital, Alameda Research, Coinbase, Animoca Brands, Web3 Foundation, and Alchemy.

Business model

Blockchain Infrastructure > Middleware > Cross Chain

Founders & team highlights

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur,

College Wise > Keio University

Institutional investors

Binance OKX HTX Hypersphere Ventures IOSG Ventures Fenbushi Capital HashKey Capital LongHash DFG Polychain Alameda Research CRYPTO Web3 Foundation Alchemy Injective

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