Profile
Corporate information
Registration country
Affiliated entities
Investment activity status
Active investor
Company type
Multi-chain smart contract platform that extends the frontier of Ethereum using the Substrate framework.Overview
ParaState has officially launched its public testnet, Plato, currently running as a standalone Substrate blockchain. Plato is the first production-ready public testnet featuring both EVM and EWASM. By supporting 20+ programming languages to create Ethereum-compatible smart contracts, ParaState is uniting a larger developer community to boost cross-chain interoperability and enabling them to surf in the highly optimized industrial standard infrastructure while exploring brand new possibilities at the Ethereum frontier. ParaState is prioritizing and emphasizing fast execution and delivery of novel research on production while committing to radical transparency and open-source values on our development journey.
Funding
Funding rounds
Venture USD 5,000,000
USD 5,000,000 (9 Apr 2021)
Proceeds from the round to be used to expand the ParaState development and the incubation of leading decentralized finance projects.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
KNS Group | Initial investment. Led the round. | ||
|
1Cap | Initial investment. Round participant. | ||
|
4SV Four Seasons Ventures | Blockchain focused investor. | Initial investment. Round participant. | |
|
AKG Ventures | Initial investment. Round participant. | ||
|
Alameda Research LLC | Quantitative trading firm bringing expertise from Wall Street and Silicon Valley to provide liquidity in crypto markets worldwide. | United States | Initial investment. Round participant. |
|
Bixin Ventures | Initial investment. Round participant. | ||
|
Chronos Ventures | Private investment fund focused on early stage investments in blockchain, DeFi and NFT projects. | Russia | Initial investment. Round participant. |
|
DAO Maker | Developer of governance tech, data-supported funding, and institutional onchain products. | Initial investment. Round participant. | |
|
Divergence Digital Currency Management LLC | Initial investment. Round participant. | ||
|
DuckDAO | Decentralised Defi VC. | Initial investment. Round participant. | |
|
Existential Capital | Initial investment. Round participant. | ||
|
Gains Associates | "Cutting-edge launchpad platform accessible for the masses". | Initial investment. Round participant. | |
|
Gate.io | Cryptocurrency exchange. | South Korea | Initial investment. Round participant. |
|
Genblock Capital | Fund that invests in cryptocurrencies and early stage blockchain companies. | United States | Initial investment. Round participant. |
|
Genesis Block Capital | Cryptocurrency investment firm. | United States | Initial investment. Round participant. |
|
GFS Ventures | Venture capital in Vietnam, collection of investment funds, and the largest private corporations with influences in the Blockchain industry. | Vietnam | Initial investment. Round participant. |
|
Hyperchain Capital | Digital assets management company focused on Blockchain based projects and decentralized protocols. | Singapore | Initial investment. Round participant. |
|
Inclusion Capital | Crypto hedge fund focused to incubate and invest in growing crypto and blockchain startups. | Initial investment. Round participant. | |
|
Lotus Capital | Crypto fund in the Middle East. | Initial investment. Round participant. | |
|
Master Ventures | Private, blockchain-focused venture capital firm and incubator. | Hong Kong SAR China | Initial investment. Round participant. |
|
Momentum 6 | Venture capital, venture builder, research, and marketing firm creating the leading blockchain companies of the future. | Initial investment. Round participant. | |
|
Moonwhale Blockchain Ventures Inc | Advisory and investment platform for businesses to finance expansion by tokenisation, to improve security and value chain through blockchain tech. | Singapore | Initial investment. Round participant. |
|
Paka Capital Ltd | DAO-driven venture fund built by Polkadot ecosystem builders. | Initial investment. Round participant. | |
|
PNYX Ventures | Early stage venture capital fund focused on the Web3 future. | United Kingdom | Initial investment. Round participant. |
|
Polkastarter | Decentralized protocol built for cross-chain token pools and auctions, enabling projects to raise capital. | Initial investment. Round participant. | |
|
Signum Capital Management Pte Ltd | Investment firm focused on distributed ledger technologies and crypto assets. | Singapore | Initial investment. Round participant. |
|
Taureon | Initial investment. Round participant. | ||
|
Titans Ventures | Vietnam | Initial investment. Round participant. | |
|
World Wide Generation | Initial investment. Round participant. | ||
|
ZMT Capital | Silicon Valley based VC firm investing in disruptive technology and business models. | United States | Initial investment. Round participant. |
|
CMS Holdings LLC | Principal investment firm focused on making investments across the cryptoasset ecosystem. | United States | Follow-on investment. Round participant. |
|
SevenX Ventures | Venture capital firm. | Singapore | Follow-on investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
YBB Foundation Ltd | Venture capital firm with a focus on blockchain projects. | China | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
CMS Holdings LLC | Principal investment firm focused on making investments across the cryptoasset ecosystem. | United States | Initial investment. Round participant. |
|
|
SevenX Ventures | Venture capital firm. | Singapore | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
1Cap |
Venture | |
|
|
4SV Four Seasons Ventures Blockchain focused investor. |
Venture | |
|
|
AKG Ventures |
Venture | |
|
|
Alameda Research LLC Quantitative trading firm bringing expertise from Wall Street and Silicon Valley to provide liquidity in crypto markets worldwide. |
Venture | |
|
|
Bixin Ventures |
Venture | |
|
|
Chronos Ventures Private investment fund focused on early stage investments in blockchain, DeFi and NFT projects. |
Venture | |
|
|
CMS Holdings LLC Principal investment firm focused on making investments across the cryptoasset ecosystem. |
Seed Venture |
|
|
|
DAO Maker Developer of governance tech, data-supported funding, and institutional onchain products. |
Venture | |
|
|
Divergence Digital Currency Management LLC |
Venture | |
|
|
DuckDAO Decentralised Defi VC. |
Venture | |
|
|
Existential Capital |
Venture | |
|
|
Gains Associates "Cutting-edge launchpad platform accessible for the masses". |
Venture | |
|
|
Gate.io Cryptocurrency exchange. |
Venture | |
|
|
Genblock Capital Fund that invests in cryptocurrencies and early stage blockchain companies. |
Venture | |
|
|
Genesis Block Capital Cryptocurrency investment firm. |
+1 (415) 580-1677 |
Venture |
|
|
GFS Ventures Venture capital in Vietnam, collection of investment funds, and the largest private corporations with influences in the Blockchain industry. |
Venture | |
|
|
Hyperchain Capital Digital assets management company focused on Blockchain based projects and decentralized protocols. |
Venture | |
|
|
Inclusion Capital Crypto hedge fund focused to incubate and invest in growing crypto and blockchain startups. |
Venture | |
|
|
KNS Group |
Venture | |
|
|
Lotus Capital Crypto fund in the Middle East. |
Venture | |
|
|
Master Ventures Private, blockchain-focused venture capital firm and incubator. |
Venture | |
|
|
Momentum 6 Venture capital, venture builder, research, and marketing firm creating the leading blockchain companies of the future. |
Venture | |
|
|
Moonwhale Blockchain Ventures Inc Advisory and investment platform for businesses to finance expansion by tokenisation, to improve security and value chain through blockchain tech. |
+66 (8) 4363-6479 |
Venture |
|
|
Paka Capital Ltd DAO-driven venture fund built by Polkadot ecosystem builders. |
Venture | |
|
|
PNYX Ventures Early stage venture capital fund focused on the Web3 future. |
Venture | |
|
|
Polkastarter Decentralized protocol built for cross-chain token pools and auctions, enabling projects to raise capital. |
Venture | |
|
|
SevenX Ventures Venture capital firm. |
Seed Venture |
|
|
|
Signum Capital Management Pte Ltd Investment firm focused on distributed ledger technologies and crypto assets. |
Venture | |
|
|
Taureon |
Venture | |
|
|
Titans Ventures |
+84-89-969-9998 |
Venture |
|
|
World Wide Generation |
Venture | |
|
|
YBB Foundation Ltd Venture capital firm with a focus on blockchain projects. |
N/A | |
|
|
ZMT Capital Silicon Valley based VC firm investing in disruptive technology and business models. |
Venture |