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Khalani, the First Decentralized Solvers Platform, raises $2.5M Seed Round, led by Ethereal Ventures


Decentralized Solvers Platform

August 06, 2024


Khalani announced the completion of a $2.5 million seed funding round, led by Ethereal Ventures with contributions from Nascent and Figment Capital. This funding will enable Khalani to expand their team, advance research and engineering efforts, and move towards full-scale production.

Project

Latest Raise

Latest Raise Date

Stage

Lead Investor

Category

Khalani

$2.5M

August 06, 2024

Seed Round

Ethereal Ventures

Web3

Min Teo, Managing Partner at Ethereal Ventures, expressed excitement about supporting Khalani's pioneering work in intent-based architectures and their vision for a collaborative solver network. By allowing users to express their intents more freely, Khalani aims to create more flexible, unified, and user-centric on-chain interactions.


Notable angel investors in this round include Arthur Hayes through his family office Maelstrom, Jan Xie (Nervos Network), Nick White (Celestia), Zaki Manian (Sommelier), Adrian Brink (Anoma), Shuyao Kong (MegaETH), Arjun Bhuptani (Everclear), Yuki Yuminaga (Sorella Labs), and Connor Howe (Enso).


About Khalani

Khalani Network is a decentralized infrastructure designed for intent-driven applications. It serves as an open and permissionless platform that enables developers to create and collaborate on expressive, always-on solving capacities. By focusing on intent-based architectures, Khalani aims to facilitate more flexible and user-centric on-chain interactions. The platform supports a collaborative solver network, allowing users to express their intents freely and efficiently


 

About Investor

Investor: Ethereal Ventures

Ethereal Ventures is a venture capital firm that invests in early-stage companies within the cryptocurrency sector. Founded in 2021, the firm is dedicated to supporting luminary founders and permissionless networks that drive a paradigm shift towards sovereignty, ownership, and access for communities globally. Ethereal Ventures partners with global teams at the earliest stages of their journey, providing the necessary resources and support to help them succeed


Location: Road Town, British Virgin Islands

 

 

 

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