Kadena
ClosedThe only PoW blockchain that scales.
New York, United States · Founded 2016 · $14.3M raised
- Headquarters
- New York, New York
- Employees
- 11–50
- Founded
- 2016
- Business Model
- B2B
- Website
- kadena.io
- Total Funding
- $14.3M
- Last Round
- $12.0M Series BApr 2018
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
Founded in 2016 by Stuart Popejoy and William Martino — creators of JPMorgan's first blockchain — Kadena developed the only scalable layer 1 Proof of Work blockchain along with Pact, the safest smart contract language. The platform combined Bitcoin-level security with virtually free gas, unparalleled throughput, and automated smart contract auditing, targeting crypto founders building decentralized applications. Kadena ended all business operations on October 21, 2025, citing market conditions and adoption challenges.
Summary
Kadena is a Crypto & Web3 company based in New York, United States, founded in 2016. It has raised $14.3M in total across 2 rounds, most recently a $12.0M Series B round in Apr 2018. Investors include Multicoin Capital, SV Angel and Asimov Ventures.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Apr 2018
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Funding: Seed through Series B. Amounts, valuations, and investors where available.
Investors
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