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Flare Networks

About Flare Networks

Flare Networks is a blockchain platform that aims to bring smart contract functionality to various cryptocurrencies, enabling developers to build decentralized applications (dApps) on its network. It focuses on interoperability, allowing assets from different blockchains to be utilized within its ecosystem.

Business Information
Target Customers
developers financial institutions crypto enthusiasts
Industry Categories
Blockchain/Web3
Business Model
Revenue Model Token-based
Pricing Strategy Transaction fees based on network usage
Sales Channels direct, partnerships with exchanges and wallets
Funding Timeline
Round Date Amount Investors
Series A Jun 15, 2025 $35.0M Genesis Capital, DCG
Founders

No founder information available.

Investors
D
DCG

Venture Capital

Recent Mentions
Ifee_lovee
Ife_love @Ifee_lovee
Jun 15, 2025

@FlareNetworks @HugoPhilion Funding-wise, they’ve been building with serious backing: ➺ 2019: Seed round from Xpring, Ripple’s own investment arm. ➺ 2021: $11.3M raised from Kenetic Capital. ➺ 2024: A $35M Series A led by Genesis Capital, DCG, and others. Total so far: $46.3M. That's not pocket

caleb_bright123
Ajala of Web3 @caleb_bright123
Jun 15, 2025

@FlareNetworks 🗓️ Timeline of Funding: 📅 February 2024 — Series A 💸 $35 million raised 🧠 Led by: Kenetic, Aves Lair 🔧 Focus: Scaling integrations, cross-chain infrastructure, ecosystem growth 📅 2021 — Seed Round 💸 $11.3 million raised 🔍 Backers: CoinFund, Kenetic, and more 🎯 Focus: