Blockchain infrastructure provider Anoma is reportedly seeking new funding that could boost its valuation to $1 billion.
The Anoma Foundation, the nonprofit behind the privacy-focused blockchain project Namada, is in talks to secure new funding that would bring its valuation to $1 billion, sources familiar with the matter told Bloomberg today, July 30.
The Zug, Switzerland-based Anoma Foundation is reportedly seeking to raise up to $40 million, but has not disclosed an exact list of potential investors. An Anoma spokesperson confirmed to Bloomberg that the group is “actively in discussions” but did not say when the funding round will close.
Founded in 2020 by Awa Sun Yin, Adrian Brink, and Christopher Goes, Anoma positions itself as the first “generalized, intent-centric blockchain architecture” that enables developers to build multi-party, decentralized on-chain applications.
In May 2023, Anoma raised $25 million in a funding round led by CMCC Global and with participation from investors including Electric Capital, Coinbase Ventures and Delphi Digital. This follows a $26 million round led by Polychain Capital in 2021.
If successful, Anoma will join the ranks of other blockchain startups reaching the $1 billion valuation milestone in 2024. For example, Web3 digital identity startup Humanity Protocol secured $30 million at a $1 billion valuation in May 2023, while IO Research, developer of the Solana-based decentralized physical infrastructure network io.net, also achieved a fully diluted token valuation of $1 billion in its latest funding round.
