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Phala Network

company

About

the 1st confidential smart contract network built on Polkadot Substrate

Details

Last Funding Type
Seed
Industries
Blockchain,Information Technology
Founded date
Jan 1, 2018
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Phala Network
Also Known As
Phala

Phala Network is a Substrate-based interoperable cross-chain confidential smart contract platform, aiming to provide privacy computing and data confidentiality services for all users and companies. Empowered by the computing powers of TEEs, Phala Network will be a parachain on Polkadot and the infrastructure of next-generation privacy protection.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Phala Network has raised a total of — in funding over 2 rounds. Their latest funding was raised on Sep 1, 2020 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 1, 2020 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Phala Network is funded by 1 investors. IOSG Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
IOSG Ventures Seed

Employee Profiles

Number of Employee Profiles
5
Phala Network has 5 current employee profiles, including Executive Marvin Tong
Executive
Executive
Executive
Executive