AVAIL CLOSES $27M SEED ROUND LED BY FOUNDERS FUND, DRAGONFLY

Last updated: June 20, 2025, 15:04 | Written by: Charlie Lee

The Web3 landscape is rapidly evolving, demanding innovative solutions for scalability and interoperability. Avail is announcing a $27m seed round led by Founders Fund and Dragonfly, with participation from other notable VCs, including SevenX, Figment, Nomad Capital, and a number of angel investors. This round will help supercharge the development of the Avail trinity - a three phase roadmap to unify ecosystems across the entirety of web3 .Enter Avail, a groundbreaking data availability and consensus layer designed to revolutionize the way blockchains interact. Avail, a prominent player in the modular blockchain sector, has recently achieved a significant milestone by securing a substantial $27 million in seed funding from notable investors such as Peter Thiel s Founders Fund and Dragonfly.In a testament to its potential, Avail has just announced the successful closure of a $27 million seed funding round.This significant investment, co-led by the prestigious Founders Fund and Dragonfly, underscores the confidence placed in Avail's vision and its potential to reshape the future of Web3. Avail, spun out of Polygon in March 2025 and is led by a Polygon co-founder, Anurag Arjun, will use funds from the seed round to develop three of core products: its data availability solution (DAThe funding round also witnessed participation from other notable venture capital firms, including SevenX Ventures, Figment Capital, Nomad Capital, and a number of astute angel investors.This influx of capital will be instrumental in accelerating the development and deployment of Avail's core technologies, collectively known as the Avail Trinity.

This isn't just another funding announcement; it's a signal that the industry is recognizing the critical need for robust data availability solutions.Imagine a future where blockchains seamlessly communicate and share data, unlocking unprecedented levels of efficiency and collaboration.That's the future Avail is building, and this $27 million seed round is a major step towards realizing that vision. News Avail DragonflyCapital FoundersFund SeedFunding Founders Fund, Dragonfly Leads $27M Seed Funding Round for Avail: Founders Fund and Dragonfly led a $27 million venture funding round forWhat makes Avail so special? Avail a Web3 data availability and consensus layer has closed a $27 million seed funding round led by Founders Fund and Dragonfly. The $27 million seed round includedLet's dive into the details of their ambitious roadmap and the technology that's attracting such significant investment.

Understanding Avail: A Modular Blockchain Pioneer

Avail isn't your typical blockchain project.It's a modular blockchain focused on data availability and consensus.Spun out of Polygon in March 2025 and led by Polygon co-founder Anurag Arjun, Avail addresses a fundamental bottleneck in the current blockchain ecosystem: data availability. Web3 data availability network, Avail, has secured $27m in a seed funding round led by Founders Fund and Dragonfly, with participation from other prominent venture capital firms. The funds will bolster the development of Avail Trinity, the company's three core products. Experts believe Avail's infrastructure could significantly improve the interoperability of the Web3 ecosystem. Introduced byIn simple terms, data availability ensures that all participants in a blockchain network can access the data required to validate transactions and maintain the integrity of the chain.

Currently, many blockchains struggle with scalability and high transaction fees.Avail aims to alleviate these issues by providing a dedicated layer for data availability, allowing other blockchains to focus on execution and settlement.This separation of concerns allows for greater flexibility and efficiency.

The Avail Trinity: A Three-Pronged Approach to Web3 Interoperability

The core of Avail's vision is encapsulated in the ""Avail Trinity,"" a strategic roadmap comprising three key products:

Data Availability (DA): The foundational layer, ensuring that transaction data is readily available to all network participants. Avail, a modular blockchain project that spun out of Polygon last year, has raised $27 million in a seed funding round co-led by Peter Thiel's Founders Fund and Dragonfly. Other investors in the round included SevenX Ventures, Figment Capital, Nomad Capital, and several unidentified angel investors, Avail said Monday.This is Avail's primary focus and the cornerstone of its technology.
Nexus: A unifying layer that facilitates seamless communication and data sharing between different blockchains, fostering interoperability within the Web3 ecosystem.
Fusion: A consensus mechanism that allows for enhanced security and scalability across multiple chains.

Each element of the Avail Trinity plays a crucial role in creating a more robust and interconnected Web3 environment.Let's examine each of these in more detail.

Data Availability (DA): The Bedrock of Trust

Data Availability is perhaps the most critical component of Avail's offering.Without readily available data, blockchains cannot function reliably. Avail, a blockchain infrastructure initiative focused on enhancing the Web3 ecosystem s interoperability and scalability, has successfully closed a US$27 million seed funding round. The investment was led by Peter Thiel s Founders Fund and Dragonfly, with additional contributions from other venture capital firms and angel investors.Imagine trying to verify a transaction without access to the underlying information – it would be impossible to ensure its validity.

Avail's Data Availability solution employs advanced techniques such as:

Data Availability Sampling (DAS): Enables light clients to verify data availability without downloading the entire blockchain, significantly reducing resource requirements.
Erasure Coding: Divides data into fragments and encodes them with redundancy, ensuring that the original data can be reconstructed even if some fragments are lost or corrupted.
KZG Commitments: A cryptographic technique that allows for efficient verification of data integrity.

These technologies combined provide a robust and scalable solution for ensuring data availability, paving the way for more efficient and reliable blockchains.

Nexus: Bridging the Web3 Divide

One of the major challenges facing the Web3 ecosystem is the lack of interoperability between different blockchains.Many chains operate in isolation, making it difficult to transfer assets or share data between them.Avail's Nexus aims to address this problem by providing a standardized communication layer.

Nexus will enable:

Cross-Chain Communication: Facilitating the seamless exchange of information between different blockchains.
Asset Transfers: Allowing users to easily move tokens and other digital assets between chains.
Unified Identity: Creating a consistent user experience across different Web3 applications.

By connecting disparate blockchains, Nexus will unlock new possibilities for collaboration and innovation within the Web3 ecosystem. Avail, the Web3 data availability and consensus layer, has successfully closed a $27 million seed funding round, with Founders Fund and Dragonfly leading the investment. The funding also saw participation from prominent venture capital firms such as SevenX, Figment, Nomad Capital, and various angel investors.Imagine a world where decentralized applications can seamlessly access data and functionality from multiple chains – that's the potential of Nexus.

Fusion: Enhancing Security and Scalability

Fusion represents the final piece of the Avail Trinity, focusing on enhancing security and scalability across multiple chains.By implementing a novel consensus mechanism, Fusion aims to create a more resilient and efficient Web3 environment.

Details on the specific mechanisms behind Fusion are still being developed, but the overall goal is to:

Improve Security: By leveraging a shared security model, Fusion aims to protect against attacks and vulnerabilities.
Enhance Scalability: By distributing the workload across multiple chains, Fusion can increase overall throughput and reduce transaction fees.
Promote Decentralization: By encouraging broader participation in the consensus process, Fusion aims to create a more democratic and resilient network.

Fusion is the culmination of Avail's vision, bringing together data availability, interoperability, and enhanced security to create a truly unified Web3 ecosystem.

Why Founders Fund and Dragonfly Invested in Avail

The decision by Founders Fund and Dragonfly to co-lead Avail's $27 million seed round speaks volumes about the project's potential.These are two of the most respected and influential venture capital firms in the blockchain space, known for their discerning investment strategies and their ability to identify promising projects with the potential to disrupt entire industries.

Several factors likely contributed to their investment decision:

Strong Team: Led by Polygon co-founder Anurag Arjun, Avail boasts a team of experienced developers and researchers with a deep understanding of blockchain technology.
Compelling Vision: Avail's vision of a unified and interoperable Web3 ecosystem resonates with the growing need for scalability and efficiency in the blockchain space.
Technological Innovation: Avail's Data Availability solution represents a significant advancement in blockchain technology, offering a practical and scalable approach to a critical problem.
Market Opportunity: The demand for data availability solutions is expected to grow rapidly as more and more applications and businesses adopt blockchain technology.

The backing of Founders Fund and Dragonfly not only provides Avail with the financial resources to execute its roadmap but also lends significant credibility and visibility to the project.

The Impact of Avail on the Web3 Ecosystem

Avail has the potential to significantly impact the Web3 ecosystem in several ways:

Increased Scalability: By providing a dedicated layer for data availability, Avail can help blockchains scale more efficiently, enabling them to handle a larger volume of transactions.
Reduced Transaction Fees: By offloading data availability responsibilities, Avail can help reduce transaction fees on other blockchains, making them more accessible to a wider audience.
Enhanced Interoperability: By providing a standardized communication layer, Avail can facilitate seamless interaction between different blockchains, fostering collaboration and innovation.
Improved Security: By implementing a robust consensus mechanism, Avail can enhance the security of the entire Web3 ecosystem, protecting against attacks and vulnerabilities.

Ultimately, Avail aims to create a more user-friendly, efficient, and secure Web3 environment, paving the way for mass adoption of blockchain technology.

Addressing Key Questions About Avail

What is Data Availability and Why is it Important?

Data availability (DA) refers to the guarantee that transaction data on a blockchain is accessible and verifiable by all network participants.Without DA, it's impossible to ensure the integrity of the blockchain because nodes can't independently confirm transactions. Avail raises $27M to revolutionize Web3 infrastructure with its Avail Trinity, backed by Founders Fund and Dragonfly.Imagine a bank saying they processed your transaction, but not providing any proof – that's what a lack of DA looks like in the blockchain world.

How does Avail's Data Availability Sampling (DAS) work?

DAS allows light clients (devices with limited resources) to verify data availability without downloading the entire blockchain. Avail, a Web3 data availability and consensus layer, has successfully closed a $27 million seed funding round led by prominent venture capital firms Founders Fund and Dragonfly. This seed round also included investments from SevenX, Figment, Nomad Capital, and other angel investors.They randomly sample portions of the data. Solana-based cryptocurrency exchange Backpack has closed a $17 million strategic Series A funding round, giving it a $120 million combined valuation. The funding round was led by Placeholder VCIf enough samples are available, and those samples are cryptographically verified to be valid, the light client can be reasonably certain that the entire dataset is available.This significantly reduces the computational burden on light clients, making blockchain technology more accessible.

What are the potential use cases for Avail's technology?

Avail's technology has a wide range of potential use cases, including:

Scalable Rollups: Powering layer-2 scaling solutions like optimistic and ZK-rollups by providing a robust data availability layer.
Sidechains: Enabling the creation of more efficient and interoperable sidechains.
Validiums: Supporting validiums, a type of scaling solution that relies on external data availability providers.
General-Purpose Data Availability: Providing a reliable data availability layer for any application that requires secure and verifiable data storage.

What are the risks associated with investing in Avail?

As with any early-stage blockchain project, there are risks associated with investing in Avail, including:

Technology Risk: The technology is still under development, and there is no guarantee that it will be successfully implemented.
Market Risk: The market for data availability solutions is still nascent, and there is no guarantee that there will be sufficient demand for Avail's technology.
Competition Risk: There are other projects working on similar solutions, and Avail may face competition from these projects.
Regulatory Risk: The regulatory landscape for blockchain technology is still evolving, and changes in regulation could negatively impact Avail's business.

Conclusion: A Promising Future for Web3 Infrastructure

Avail's successful $27 million seed round, led by Founders Fund and Dragonfly, is a significant milestone for the project and a strong indicator of the growing demand for robust data availability solutions in the Web3 ecosystem. Avail, a Web3 data availability and consensus layer, has closed a $27 million seed funding round, led by Founders Fund and Dragonfly. The $27 million seed round included other notable venture capitalThe Avail Trinity – Data Availability, Nexus, and Fusion – represents a comprehensive approach to addressing the challenges of scalability, interoperability, and security in the blockchain space.With a strong team, a compelling vision, and the backing of prominent investors, Avail is well-positioned to play a key role in shaping the future of Web3.

This funding will undoubtedly fuel the further development of Avail's technology and expand its reach within the blockchain community. Today, Avail is announcing a $27 million seed round led by Founders Fund and Dragonfly, with participation from other notable VCs, including SevenX, Figment, Nomad Capital, and a number of angel investors.Keep an eye on Avail as it continues to build the foundation for a more interconnected and efficient Web3 world. Polygon spinoff Avail. raised $27m in seed funding led by Peter Thiel s Founders Fund and Dragonfly, the company announced Monday. The funding will go toward developing three key products within Avail s platform: Data Availability (DA), Nexus, and Fusion.The key takeaways from this announcement are:

Avail secured $27 million in seed funding led by Founders Fund and Dragonfly.
This funding will be used to develop Avail Trinity: Data Availability, Nexus, and Fusion.
Avail aims to solve scalability, interoperability, and security challenges in Web3.
The project is led by experienced blockchain professionals including Polygon co-founder Anurag Arjun.
Avail’s technology has a wide range of potential use cases in blockchain and decentralized applications.

Want to learn more about Avail and its mission to revolutionize Web3 infrastructure? Avail, a Web3 data availability and consensus layer, has closed a $27 million seed funding round, led by Founders Fund and Dragonfly.Visit their website and explore the potential of their innovative solutions. ETHDenver was a whirlwind. I wanted to give a quick recap of how things went from a business standpoint and explain why I m so wildly excited for Avail s future. To start off ETHDenver, Avail announced its $27M fundraise, a Seed round led by some of the most prominent and well respected investors in the space such as Peter Thiel s Founders Fund, Dragonfly Capital, Figment Capital, SevenXConsider following their social media channels for the latest updates and announcements.Now is the time to get involved in shaping the future of blockchain!