Irys raised $10 M in a Series A round on 2025-08-20.
According to media reports, Irys raised $10 M in a Series A round on 2025-08-20.the investors in this funding round include CoinFund,Hypersphere Ventures,Amber Group,Tykhe Ventures,Varrock,Breed VC,WAGMi Ventures ,Echo Group and others. Following this round, Irys's total funding reached $18 M.
Irys is the Layer-1 datachain, advancing beyond the existing Layer-1 model with a design purpose-built for AI. By combining a low-cost storage layer with a high-performance, EVM-compatible execution layer (IrysVM), Irys enables data programmability.
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Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| Series A | $10 M | -- | 2025-08-20 | CoinFund,Hypersphere Ventures,Amber Group,Tykhe Ventures,Varrock,Breed VC,WAGMi Ventures ,Echo Group |
Key Milestones
- 2025-08-21Irys raised $ 10 M in Series A round
- 2025-01-28Irys was live on testnet
- 2024-06-12Irys raised $ 3.5 M in strategic financing
- 2023-10-04Bundlr rebranded as Irys
- 2022-05-04Irys raised $ 5.2 M in funding round
