Corporate information
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 rounds
Venture USD 5,000,000
USD 5,000,000 ( )
Proceeds from the round to be used to expand the ParaState development and the incubation of leading decentralized finance projects.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Polkastarter | Decentralized protocol built for cross-chain token pools and auctions, enabling projects to raise capital. | Initial investment. | |
|
Signum Capital Management Pte Ltd | Investment firm focused on distributed ledger technologies and crypto assets. | Initial investment. | |
|
Taureon | Initial investment. | ||
|
Titans Ventures | Initial investment. | ||
|
World Wide Generation (WWG) | Initial investment. | ||
|
ZMT Capital | Silicon Valley based VC firm investing in disruptive technology and business models. | Initial investment. | |
|
CMS Holdings LLC | Principal investment firm focused on making investments across the cryptoasset ecosystem. | Follow-on investment. | |
|
SevenX Ventures | Venture capital firm. | Follow-on investment. |
Investment activity status
Active investor