Cayman Islands · Information technology & services startup

Berachain

Berachain is a high-performance Layer 1 blockchain built on the Cosmos SDK, utilizing a unique Proof-of-Liquidity (PoL) consensus mechanism.

Funding reportedLast round: Series B

Information technology & servicesGeorge Town, Cayman Islands

About Berachain

Berachain is a high-performance Layer 1 blockchain built on the Cosmos SDK, utilizing a unique Proof-of-Liquidity (PoL) consensus mechanism.

This innovative approach rewards users for providing liquidity, enhancing capital efficiency and liquidity in decentralized finance (DeFi). Founded in 2021 by an anonymous team, Berachain has evolved from its origins in the Bong Bears NFT collection to become a serious player in the DeFi infrastructure space. The platform features an EVM-compatible chain that allows seamless integration with existing Ethereum smart contracts and decentralized applications (dApps). Berachain operates with a tri-token model, including BERA for transaction fees, BGT for governance, and HONEY as a stablecoin. Its ecosystem includes native dApps such as BEX, a decentralized exchange; BEND, a lending protocol; and BERPS, a perpetuals exchange. Headquartered in George Town, Cayman Islands, with an office in San Francisco, Berachain has secured approximately $142 million in funding and is currently in public testnet, processing over 100 million transactions.

What company datasets say Berachain raised

Funding, as reported

Reported in all211Min the source's currency
Last roundSeries B
Last round size100M
Last round dateApr 2024
Investors listed5

On 9 portfolio pages

Investors who name them

Each firm lists Berachain on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

blockchaindecentralized financelending protocolsmodular consensus frameworkinteroperability with ethereumamm poolsperpetual tradingblock explorerevm identicalinformation technology & servicesdecentralized app developmentfinancial servicesfinancebeaconkitblockchain sdkscalability

Built with from their website

CanvaFigmaAtlassianGoogle WorkspaceAmazon AWSOpenAIApple Business ManagerGoogle MeetMixpanelAWS Cloud

+8 more

VercelAmazon Route 53Anthropic ClaudeGoogle Search ConsoleNotionApple School ManagerSlackCursor

Sector
Information technology & services
Industry code
NAICS 54151, 513210, SIC 3571
Region
George Town
Revenue
4.5M a year, as listed

Information technology & services in Cayman Islands

Startups like it

Is this your company?

Add your raise, your deck and your story, and put Berachain in front of investors. Or tell us what we have wrong.