Automata Network
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Automata Network - overview
Established
2020
Location
Singapore, -, Singapore
Primary Industry
IT Security/Cybersecurity
About
Founded in 2020 and based in Singapore, Automata Network is a blockchain technology company that provides traceless privacy services. Deli Gong and Zheng Leong are the founders of the company. In March 2021, the firm has raised USD 1 million in seed funding, and in June 2021, Automata Network raised strategic investment from new investor Jump Capital including IOSG Ventures and Kryptonite1. Automata Network is a decentralized service protocol that provides a privacy middleware layer for dApps across multiple blockchains.
The firm's protocol enables several use-cases such as anonymous voting and miner extractable value (MEV) minimization by leveraging the cryptography and privacy-protecting algorithms, along with trusted execution environments (TEE). The firm's partners include Avalanche, Astar, Clover, Heco, Polygon, and Moonbeam. The company provides Witness, which is an off-chain voting governance solution for voters who do not wish to reveal their identity while participating in governance at zero gas costs. The organization also offers an MEV minimization solution, Conveyor, which aims to create a front-running-free zone as it arranges transactions in a determined order.
Current Investors
Kryptonite1, Alameda Research, Divergence Ventures
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Monitoring & Security Software
Website
www.ata.network
Verticals
Blockchain
Company Stage
Angel & Seed
Total Amount Raised
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