{"id":8486,"date":"2025-08-21T19:03:05","date_gmt":"2025-08-21T19:03:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/coinfund-leads-10m-raise-for-layer-1-datachain-platform-irys\/"},"modified":"2025-08-21T19:03:22","modified_gmt":"2025-08-21T19:03:22","slug":"coinfund-leads-10m-raise-for-layer-1-datachain-platform-irys","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/coinfund-leads-10m-raise-for-layer-1-datachain-platform-irys\/","title":{"rendered":"CoinFund leads $10m raise for layer 1 datachain platform Irys"},"content":{"rendered":"

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Irys has raised $10 million in a Series A round led by CoinFund as it looks to unlock value across the $3 trillion data economy.<\/p>\n

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  • CoinFund led the $10 million Series A funding round for Irys, a layer 1 datachain platform.<\/li>\n
  • The raise brings Irys\u2019 funding to $20 million, with the platform looking to help unlock onchain data value in a $3 trillion market. <\/li>\n<\/ul><\/div>\n<\/div>\n

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    Irys, a programmable datachain platform looking to address fundamental inefficiencies in the $3 trillion data market, said<\/a> it secured a $10 million Series A round from prominent venture capital firms and investors.<\/p>\n

    According to details Irys shared with crypto.news on Aug. 21, crypto native investment firm CoinFund led the funding round, with participation from Amber Group, Hypersphere, Tykhe Ventures, WAGMI Ventures, Varrock Ventures, Breed VC and Echo Group. The latest raise brings Irys\u2019 capital injection to $20 million.<\/p>\n

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    We\u2019re thrilled to announce we\u2019ve led @irys_xyz<\/a>'s $10M Series A funding round!<\/p>\n

    Here\u2019s why we\u2019re excited to back the team that\u2019s building a programmable datachain for decentralized storage at a low cost \ud83e\uddf5 pic.twitter.com\/9jzwy4rXOj<\/a><\/p>\n

    — CoinFund (@coinfund_io) August 21, 2025<\/a><\/p><\/blockquote>\n