$143.2-178.8k
Smart contracts platform for dApps
Open for applications
Smart contracts platform for dApps
201-500 employees
Open for applications
$143.2-178.8k
201-500 employees
To build an open, simple, and democratic internet of finance that enables the world to have a more prosperous future.
Desirable
The highly secure and decentralized nature of blockchain technology makes it an attractive prospect for financial projects - but historically, this has come with a compromise on transaction speed and scalability, with Ethereum and Blockchain speeds barely breaking into double digits per second.
Ava Labs’ open-source platform Avalanche enables companies to launch decentralized applications with all the benefits of blockchain, whilst processing a record-smashing 4,500 transactions per second. The company's strategy has been to tailor its blockchain to specific applications, establishing a reputation in the sector through efficient hard-and-fast use cases with low fees. This has allowed it to operate alongside blockchain giants like Ethereum that hoard large amounts of the DeFi market.
In answering the strong appetite for a cheaper and more scalable blockchain consensus, Ava Labs has found a keen audience, and secured the ability to pursue its goal of opening the space up to more users. The Avalanche platform has become the first to partner with Amazon Web Services, becoming part of a project to bring blockchain technology to government and enterprises. The company also partnered with digital identity verification provider Blockpass, to collaborate towards furthering the safety, security and capabilities of the ecosystem.
Freddie
Company Specialist at Welcome to the Jungle
Apr 2022
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LATE VC
Sep 2021
$230m
LATE VC
Hell's Kitchen, New York, NY
Kevin Sekniqi
(COO & Chief Protocol Architect)Former Researcher and Software Engineer at Microsoft and NASA, with a PhD in Computer Science from Cornell.
Emin Gun Sirer
(CEO)Founder of Bloxroute Labs and professor at Cornell for 20 years with a PhD in Computer Science from the University of Washington.
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