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Series A Round

For Arch Network

$13.0M Apr 22, 2023
Funding Details

Arch Network is a pioneering platform for building bridgeless applications directly on Bitcoin, enabling developers to deploy interoperable smart contracts without the need for a soft fork. The platform aims to enhance the Bitcoin ecosystem by providing tools that facilitate seamless interoperability between various blockchain networks. Arch Network is positioned to revolutionize the way developers interact with Bitcoin, making it easier to create decentralized applications that can communicate across different blockchain platforms. The funding will be used to expand their developer community, enhance platform capabilities, and drive adoption of bridgeless applications. This funding round was led by Pantera Capital, with participation from Multicoin Capital and other venture capitalists. The company is headquartered in Tampa, Florida, and is focused on creating a more interconnected blockchain environment.

Valuation
  • Post-money: $200.0M
Confidence Score
Data extraction confidence: 100%
Participating Investors
PanteraCapital

First U.S. institutional asset manager focused exclusively on blockchain technology. Since 2013, Pantera has invested in digital assets and blockchain...

multicoincap

Multicoin Capital is a thesis-driven cryptocurrency investment firm that focuses on blockchain technology and digital assets. They aim to support inno...

two VCs

A venture capital firm focused on early-stage investments in innovative technology startups.

Related Tweets

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Other Data Sources
1
Exa Round Data
Apr 23, 2025
Exa Enrichment History
1

Fields Updated
amount currency announced_date description stage
Enrichment Details
Amount
13.0
Currency
USD
Announced Date
2023-04-22T00:00:00
Description
Arch Network is a pioneering platform for building bridgeless applications directly on Bitcoin, enabling developers to deploy interoperable smart contracts without the need for a soft fork.
Stage
Series A
Enrichment History
  • {'updated_at': '2025-04-24T16:35:59.752090', 'fields_updated': {'amount': True, 'currency': True, 'announced_date': True, 'description': True, 'stage': True}, 'query_used': 'Arch Network Series A funding round investment valuation', 'sources_count': 5}
Source URLs