Phala Network
Phala is a blockchain-based cloud computing network for running decentralized applications. It is a privacy protocol layer built for data protection and smart contracts. Features Polkadot - a multi-chain application to enable cross-chain registries & computation, Web3 Foundation for software development & research, and Parity for building Web 3.0. The company was founded in 2018 and headquartered in Beijing, China.…
Funding snapshot
About
Phala is a blockchain-based cloud computing network for running decentralized applications. It is a privacy protocol layer built for data protection and smart contracts. Features Polkadot - a multi-chain application to enable cross-chain registries & computation, Web3 Foundation for software development & research, and Parity for building Web 3.0. The company was founded in 2018 and headquartered in Beijing, China. It has raised $10M in seed funding, with backing from DWF Labs, Candaq Fintech Group, IOSG Ventures, SNZ, and others. The company operates in the High Tech - Blockchain Infrastructure, Blockchain Technology - Blockchain Infrastructure, High Tech - Smart Contracts space. Blockchain smart contract provider. Its offerings span Smart Contracts - Contract Development - Deployment and Blockchain Infrastructure - Smart Contracts.
Business model
Smart Contracts > Contract Development > Deployment,
Blockchain Infrastructure > Smart Contracts
Institutional investors
Backed by funds in our directory
Latest coverage
No articles yet.
Similar startups
Statiq
Statiq is a manufacturer of electric vehicle charging hardware and operator of charging networks across India.
PhotoRoom
PhotoRoom is an AI-powered photo editing and product photography platform designed for e-commerce businesses of all sizes.
Moises
Moises is an AI-powered creative suite for musicians that provides tools for practice, performance, creation, and collaboration.
Krisp Technologies
Krisp is an AI-powered voice platform that provides noise cancellation, accent conversion, meeting assistance, and voice AI solutions for individuals, call centers, and developers.