The Anoma Foundation, a nonprofit pioneering blockchain technology, is happy to announce the conclusion of a $25 million funding round. The third round of funding for The Foundation, which is co-led by well-known blockchain VC Company CMCC Global, marks the beginning of the race to commercialize the third generation of blockchains and replace the current financial system with one that gives people more control.
Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, NGC, MH Ventures, Bixin Ventures, No Limit, Plassa, Perridon Ventures, Anagram, and Factor are a few well-known business players that promised investments throughout the funding round. In addition, the Foundation’s mission was supported by over 30 angel investors, including creators of L1s, dApps, and ZK cryptographers.
This large investment shows how widely acclaimed and backed Anoma’s ground-breaking intent-centric architecture is, which offers a new way to construct blockchain infrastructure layers.
“Anoma is the first generalized intent-centric blockchain architecture which enables truly decentralized applications, from decentralized DEXs to decentralized rollup sequencers,” said Adrian Brink, Co-founder of Anoma. “Compared to existing architectures such as Ethereum/EVM, it makes dApps an order of magnitude more composable and an order of magnitude easier to build.”
With the introduction of fresh primitives brought forth by Anoma’s intent-centricity, current Web2.5 applications like rollups, decentralized exchanges, and NFT markets may now be completely decentralized. Additionally, the innovative design provides a platform for cutting-edge applications that cannot be developed on traditional platforms.
“We are thrilled to have co-led this fundraising round of Anoma,” said Charlie Morris, Co-founder and Managing Partner of CMCC Global. “The team is pushing the boundaries of protocol design and reimagining how base layer infrastructure should operate. It is refreshing to see Anoma’s designs and philosophy against the backdrop of a homogenous group of layer-1 smart contract platforms.”
The $25 million fund will be used to advance and improve Anoma’s intent-centric architecture, support ongoing R&D projects, and promote adoption through tools that allow developers to create applications that cannot be created on any existing system, as well as through strategic alliances and ecosystem development.
“Anoma’s intent-centric architecture represents a significant advancement across all fronts of blockchain infrastructure including scalability, UX, privacy and interoperability,” said Tommy Shaughnessy, Founding Partner of Delphi Digital. “We are excited to be part of their journey towards revolutionizing decentralized applications.”
“We are super excited to be investing into Anoma,” added Dialectic founder Ryan Zurrer. “Their intent-centricity and inherent focus on low-level privacy promises to unlock novel use-cases, particularly in areas such as next-generation DeFi, and represents a major step forward for the space.”
The Anoma Foundation is well-positioned to continue fostering innovation in the blockchain industry after the successful conclusion of this investment round.
