Flare Network

The blockchain for data.

Dubai, United Arab Emirates · Founded 2019 · $46.3M raised

Headquarters
Dubai
Founded
2019
Business Model
B2B
Total Funding
$46.3M
Last Round
$35.0M Venture RoundFeb 2024
Rounds
3

About

Flare is an EVM-compatible Layer 1 blockchain with the first consensus protocol for external data, enabling decentralized applications to trustlessly access data from any blockchain or Web2 source. It provides enshrined data protocols including FTSO price feeds and Flare Data Connector for cross-chain interoperability.

Summary

Flare Network is a Crypto & Web3 company based in Dubai, United Arab Emirates, founded in 2019. It has raised $46.3M in total across 3 rounds, most recently a $35.0M Venture Round round in Feb 2024. Investors include Kenetic, Kinetic Ventures and Aves Lair.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Venture RoundVenture RoundFeb 2024
$35.0M

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Investors

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