Gelato
Chamer Fussweg 11, Zug, 6300, Switzerland
Overview
Gelato Network provides DAO construction services and focuses on developing underlying network infrastructure. The team is building a decentralized autonomous organization that is intended to take over governance functions in the future. The company completed an A+ round of financing, with IOSG Ventures leading the round. The specific financing amount was not disclosed in the article. No operating metrics, revenue, or user figures were reported. The report appears in DoNews citing IT桔子. Gelato Network provides a decentralized network of bots and middleware that automates smart contract executions for dapps, enabling serverless automation across Ethereum and Layer‑2 networks. Its infrastructure allows developers to offer automated transactions and conditional execution that many DeFi apps require. Platforms such as Instadapp and B.Protocol have used Gelato’s infrastructure to automatically rebalance collateral, refinance vaults, and execute trades during market events. Gelato integrates with leading DeFi protocols and aggregators like Aave and Zerion and is building toward broader industry integrations. The project recently closed a GEL token sale to enable community governance and plans to unveil further integrations, partnerships, upgraded functionality, and new use cases per its roadmap. Gelato positions itself as a core piece of Web3 middleware and the backbone of automated smart‑contract execution.
- Total raised
- $11M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Sep 2021
Industries
- Blockchain
- Developer Tools
- Ethereum
- Smart Contracts
- Software
- Web3
Recent funding
Series A
Sep 2021
$11M