Acurast (Community-led investment round)
Funding Details
- Awarder
- RSS - feeds.feedburner.com
- Date Award
- May 27, 2025
- Vertical
- Decentralized Cloud Computing
- Funding URL
- View Funding Page
- Valuation
- $90,000,000
- Funding Amount:
- $5,400,000
Company Info
- Traction
- Acurast has onboarded over 72,000 smartphones onto its decentralized testnet with over 256 million transactions, and over 300 websites and games were created on Acurast in the last 24 hours.
- Founders
- Alessandro De Carli
- Company Description
- Acurast is a decentralized cloud computing network that utilizes smartphones to power a global network, enabling users to participate in confidential compute tasks, decentralized AI, and blockchain infrastructure while earning rewards.
- Market
- Global
- Location
- Global