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The Venture Codex

Axelar Network

Waterloo, Ontario, Canada

Overview

Cross-chain communication tool for blockchain interoperability.

Total Raised

$94 M

Rounds

5

Links

Verticals

Blockchain
Developer APIs
Network Security
Software

Investment History

  1. Equity

    Mar 2025

    $30M

    Polychain CapitalCoinbase VenturesC Squared VenturesDistributed GlobalLaser DigitalElectric CapitalYZI LabsGalaxy VenturesDragonfly

  2. Series B

    Feb 2022

    $35M

    RockawayXOlive Tree CapitalNorth Island VenturesBlockchange VenturesLemniscapNode CapitalDragonflyPolychain Capital

  3. Series A

    Jul 2021

    $25M

    LemniscapCollab+CurrencyRobot VenturesNorth Island VenturesDragonflyPolychain Capital · LeadGalaxy Digital

  4. Seed

    Nov 2020

    $4M

    YZI LabsLemniscapData Collective

Team

Sergey Gorbunov

Co-Founder

Galen Moore

Content lead

Shawn Lim

APAC Lead

Artem Gordadze

Advisor, Ecosystem Development