🌎 Anoma Seeks Funding to Reach $1 Billion Valuation

Blockchain infrastructure provider Anoma is reportedly seeking new funding that could raise its valuation to $1 billion.

Anoma Foundation, the non-profit behind the privacy-focused blockchain Namada, is in discussions to secure new funding, potentially elevating its valuation to $1 billion, according to sources. The organization, based in Zug, Switzerland, aims to raise up to $40 million, although the list of potential investors has not been disclosed. A spokesperson for Anoma confirmed that the organization is “in active discussions,” but did not specify a timeline for closing the funding round.

Founded in 2020 by Awa Sun Yin, Adrian Brink, and Christopher Goes, Anoma is described as the first “generalized intent-centric blockchain architecture,” enabling developers to build multi-party decentralized on-chain applications.

In May 2023, Anoma raised $25 million in a funding round led by CMCC Global, with participation from investors like Electric Capital, Coinbase Ventures, and Delphi Digital. This followed a $26 million round in 2021 led by Polychain Capital.

If successful, Anoma will join 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, and IO Research, the 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.