Irys is a London-based blockchain startup that stores and makes data programmable so smart contracts and AI agents can interact with it natively onchain. Data first enters a Submit Ledger for validation and can be promoted to a Publish Ledger for long-term, verifiable storage, with additional term-based ledgers for custom storage durations. The company is building the IrysVM, a high-performance, EVM-compatible execution layer designed to work natively with onchain data and allow direct interaction between storage and computation. Smart contracts on IrysVM can enforce rules on stored programmable data, enabling management of AI models, inference proofs, and programmable datasets directly onchain. The company plans to use its new funding to expand operations and accelerate development efforts. The article does not disclose revenue, users, or other operating metrics. Irys, formerly Bundlr Network, provides on-chain data infrastructure aimed at improving provenance, performance, and scalability for blockchain data. The company says it has broadened its scope to support developers and businesses in leveraging on-chain data. Irys is positioning its product to meet evolving developer and enterprise needs for reliable on-chain data. The team is expanding operations, and the company describes the recent financing as strategic to that expansion. CEO Josh Benaron framed the funding as a testament to investor confidence in Irys’s vision and ability to bring the world’s data on-chain. Financially, Irys has just completed a new $8.9 million funding round to support its growth plans.

Total raised

$19M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2025