Flare Network
Flare Network is a crypto & web3 company in Dubai, United Arab Emirates, founded in 2019. It has raised $46.3M across 3 rounds, most recently a $35.0M Venture Round in February 2024.
The blockchain for data.
- Headquarters
- Dubai
- Employees
- 11–50
- Founded
- 2019
- Business Model
- B2B
- Website
- flare.network
- Total Funding
- $46.3M
- Last Round
- $35.0M Venture RoundFeb 2024
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 4 investors for this company. The full record is or through the API.
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
It lists 11–50 employees. It has raised $46.3M in total across 3 rounds, most recently a $35.0M Venture Round in Feb 2024. Investors include Kenetic, Kinetic Ventures and Aves Lair.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Feb 2024
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Funding: Venture Round. Amounts, valuations, and investors where available.
Investors
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