Swiss non-profit Anoma raises $25 million funding round

  • The Swiss-based nonprofit said the funding was led by CMCC Global and backed by Electric Capital, Delphi Digital, Dialectic, KR1, Spartan and NGC.
  • Anoma will use this funding to accelerate the development of its third generation intent-centric blockchain architecture.
  • In recent weeks, Anoma has submitted a proposal to airdrop NAM tokens to Zcash and Osmosis holders.

The Swiss-based non-profit Anoma Foundation behind the L1 privacy blockchain Namada has successfully completed a $25 million funding round. In an announcement Wednesday, Anoma said the round was co-led by blockchain-focused venture capital giant CMCC Global.

The foundation says it also backs prominent investors including Electric Capital, Delphi Digital, Dialectic, KR1, Spartan and NGC. Others included MH Ventures, Perridon Ventures, Anagram Bixin Ventures, No Limit, Plassa and Factor.

Anoma is also backed by over 30 angel investors from L1, dApps and ZK cryptographers.

The funding round aims to accelerate the nonprofit’s efforts to bring third-generation blockchain architectures to market, the foundation said.

Anoma’s 3rd Generation Blockchain Architecture

According to Anoma, this significant endorsement demonstrates the confidence industry players have in their innovative intent-centric architecture. This includes new primitives set to bring full decentralization to Web2.5 apps, such as rollups, DEX, and NFT marketplaces.

We are thrilled to have co-led this fundraiser for Anoma.said Charlie Morris, co-founder and managing partner of CMCC Global. he added:

The team is pushing the boundaries of protocol design and reimagining how base layer infrastructure should work.It’s refreshing to see Anoma’s design and philosophy against a group of homogeneous layer 1 smart contract platforms

In addition to supporting further development of the blockchain architecture, the Anoma Foundation will use its $25 million war fund to fund ongoing research and development initiatives. The funding is also important for developing tools that help drive adoption across the ecosystem.

Anoma Foundation’s Namada blockchain, which provides users with multi-chain privacy, is nearing its mainnet launch.

In recent weeks, the nonprofit has been looking to integrate with several major ecosystem platforms and networks ahead of its launch.

As reported by CoinJournal, this includes proposals to offer shielded airdrops to Zcash (ZEC) and Osmosis (OSMO) holders. The proposal also includes a subsidy pool and a bridge to top blockchains Ethereum and Cosmos.

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