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High Tech Series A Founded 2023

Avail

Avail is a Web3 infrastructure platform enabling decentralized applications to go multi-chain without rebuilding, allowing dApps to grow their TVL and user base across multiple blockchains. The platform offers an intent and solver-based multi-chain protocol with products including Nexus for unified balances across chains, Deposits for cross-chain funding, DA as a verifiable data availability layer for…

📍 Dubai, United Arab Emirates · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$43M
Date4 June 2024
Total raised$75M
Team size52

About

Avail is a Web3 infrastructure platform enabling decentralized applications to go multi-chain without rebuilding, allowing dApps to grow their TVL and user base across multiple blockchains. The platform offers an intent and solver-based multi-chain protocol with products including Nexus for unified balances across chains, Deposits for cross-chain funding, DA as a verifiable data availability layer for high-throughput applications, and Atomic for specialized trading infrastructure enabling DEXs and aggregators to execute orders on CLOBs and PropAMMs. Avail supports combining balances from multiple chains in a single transaction, replacing 3-4 bridge operations with one. The network connects 10+ chains with 80 active validators and 4.5B AVAIL tokens staked. Founded in 2023 and headquartered in Dubai, UAE, Avail has raised $75M in Series A funding from investors including Founders Fund, Dragonfly, CyberFund, LocalGlobe, Figment, Mirana, and Foresight Ventures.

Business model

Blockchain Infrastructure > Blockchain Network

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Institutional investors

Founders Fund DRAGONFLY CyberFund SevenX Ventures Figment Nomad Capital LocalGlobe Chapter One Superscrypt Foresight Ventures Mirana RW3 Ventures KR1 Altos Ventures Management Spark Digital Capital

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