Chia Network
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.1m | 1.1m | 3.0m | 13.3m | 15.4m |
% growth | - | - | 168 % | 343 % | 16 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$3.4m | Seed | ||
N/A | $300k | Seed | |
$5.0m | Early VC | ||
$61.0m Valuation: $500m | Series D | ||
Total Funding | AUD108m |
Related Content
Recent News about Chia Network
EditChia Network is a startup that operates in the digital infrastructure and blockchain technology space. The company aims to revolutionize the blockchain industry by prioritizing security and sustainability over simplicity and adoption, a common approach in most existing blockchains. Chia Network's advanced cryptography and decentralized architecture, spread across over 100,000 nodes in more than 100 countries, offer robust protection against unauthorized access and data tampering. This enhances network and data security, preventing potential breaches and attacks.
Chia Network's technology is supported by reputable government agencies, partners, and investors, and is built with regulatory compliance and global consumer protection in mind. The company's technology is also environmentally friendly, consuming less energy than traditional blockchain technologies. This makes it a more sustainable and scalable solution for businesses and organizations.
The company's services are versatile and can be used to enhance global infrastructure, manage data, build applications, and more. Chia Network's DataLayer is a decentralized data store resistant to fraud and interference, making it useful for consortiums. The company's technology can be integrated with existing databases, providing the controls and privacy of a traditional database with the security and immutability of a public blockchain.
Chia Network's business model is designed to serve a wide range of clients, from innovators and artists to collectors and large organizations. The company's technology can be used to improve trust, transparency, and efficiency, reducing points of friction in various industries.
Keywords: Blockchain, Security, Sustainability, Decentralized Architecture, Regulatory Compliance, Consumer Protection, Low Energy Consumption, Data Management, Trust and Transparency, Scalability.