Astar Network - About the company
Astar Network is a series C company based in Singapore (Singapore), founded in 2019 by Sota Watanabe. It operates as a Cloud-based smart contract platform offering blockchain network for virtualization solutions. Astar Network has raised $34.4M in funding from investors like Alchemy, CRYPTO and GSR. The company has 275 active competitors, including 62 funded and 3 that have exited. Its top competitors include companies like Espresso Systems, Router Protocol and UXUY Protocol.
Company Details
Cloud-based smart contract platform offering blockchain network for virtualization solutions. It is a multi-chain and multi-virtual machine dApp platform that allows users to manage plasma-based network balances, dApps staking, staking, chain transactions, and more. It also provides an on-chain governance technology that will enable enterprises to maintain network facilitation and activities.
- Website
- astar.network
- Social
- Email ID
- *****@stake.co.jp
- Registered Address
- CECIL STREET, Singapore, 69534
Key Metrics
Founded Year
2019
Location
Singapore, Singapore
Stage
Series C
Total Funding
$34.4M in 5 rounds
Latest Funding Round
Ranked
1st among 275 active competitors
Employee Count
26 as on Aug 31, 2026
Similar Companies
Legal entities associated with Astar Network
Astar Network is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
STAKE TECHNOLOGIES PTE. LTD. UEN: 202031209G , Singapore, Active | Oct 05, 2020 | - | - |
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Astar Network's funding and investors
Astar Network has raised a total funding of $34.4M over 5 rounds. Its first funding round was on Feb 09, 2021. Its latest funding round was a Series C round on May 21, 2025 for $*****. 1 investor participated in its latest round. Astar Network has 28 institutional investors.
Here is the list of recent funding rounds of Astar Network:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 21, 2025 | 9719560 | Series C | 2268030 | 4034215 | 3869689 | 4709414 |
Mar 07, 2022 | 2663441 | Series B | 9066691 | 2254202 | 7774613 | |
Jan 28, 2022 | 2177740 | Series B | 8754529 | 4150766 |
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Astar Network's founders and board of directors
Founder? Claim ProfileThe founders of Astar Network is Sota Watanabe.
Here are the details of Astar Network's key team members:
- Sota Watanabe: Founder of Astar Network and founder of 2 other companies, NeW and Plasm Network. They are also an angel investor in 1 startup.Contact Info: 1 email address
Astar Network's Board of Directors
Astar Network's board has 1 active member. Watanabe Sota is part of team.Here is the list of Astar Network's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 6m | |
hngulcj | Independent board member | - | Past | 1y 7m |
yag{cyx | Independent board member | - | Past | 3y 9m |
befjsxh | Independent board member | - | Past | 1y 9m |
View details of Astar Network's Founder profiles and Board Members
Astar Network's employee count trend
Astar Network has 26 employees as of Aug 26. Here is Astar Network's employee count trend over the years:
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Astar Network's Competitors and alternates
Top competitors of Astar Network include Espresso Systems, Router Protocol and UXUY Protocol. Here is the list of Top 10 competitors of Astar Network, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Astar Network 2019, Singapore (Singapore), Series C | Cloud-based smart contract platform offering blockchain network for virtualization solutions | $34.4M | 65/100 | |
2nd |  Espresso Systems 2022, Stanford (United States), Series B | Developer of blockchain infrastructure for decentralized applications and shared sequencers | $60M | 64/100 | |
3rd |  Router Protocol 2021, Singapore (Singapore), Series A | Cross-chain infrastructure for asset-level data transfer | $4.1M | 62/100 | |
4th |  UXUY Protocol 2022, Singapore (Singapore), Seed | Developer of an online cross-chain liquidity aggregation protocol across multiple blockchains | $10.2M | 61/100 | |
5th | MathWallet 2018, Singapore (Singapore), Series B | Cross-chain wallet for digital assets | $19.8M | 58/100 | |
6th | Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging | $52M | 58/100 | ||
7th |  Polymer 2021, United States, Series A | IBC infrastructure for cross-chain communications | $26.6M | 54/100 | |
8th |  Squid 2023, Switzerland, Series B | Cross-chain swap and liquidity routing protocol | $13.5M | 54/100 | |
9th |  Lagrange 2022, San Francisco (United States), Seed | Cross-chain infrastructure for the creation of generalized state proofs across all blockchains | $17.2M | 54/100 | |
10th | Blockchain-based platform for transferring digital assets | $2M | 53/100 |
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Astar Network's Investments and acquisitions
Astar Network has made 2 investments in XDAO and Subsquid. Astar Network has not made any acquisitions as of now.Reports related to Astar Network
Here is the latest report on Astar Network's sector:
News related to Astar Network
Filter this list•
Aster DEX Launch Drives $371 Million Trading Volume and 330,000 New UsersCNW•Sep 19, 2025•Astar Network
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Astar Network Pioneers Multi-Chain SuperchainERC20 Token with Chainlink CCIP IntegrationFintech Finance•Jun 13, 2025•Astar Network
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Astar Network Partners with Animoca Brands to Bring Japanese Entertainment IP On-ChainNew Economy•May 22, 2025•Astar Network, Animoca Brands
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Astar Network Secures Investment from Animoca Brands to Boost Web3 EntertainmentVentureBeat•May 21, 2025•Astar Network, Animoca Brands
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Animoca Brands Invests in Astar Network to Boost Web3 EntertainmentAlexaBlockchain•May 21, 2025•Animoca Brands, Astar Network
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Astar Expands to Ethereum by Settling on Soneium Mainnet, a Layer 2 Solution by Sony Blockchain Solution LabsFintech Finance•Jan 15, 2025•Astar Network, Soneium, Sony
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SNPIT and Astar Network Collaborate to Transform Blockchain-Integrated Photography and NFT MarketplacesOnline Media Cafe•Jul 02, 2024•Astar Network, SNPITRC
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Astar Network and Startale Announce Strategic Merger for Web3 GrowthCryptocurrency•Jun 24, 2024•Astar Network, Startale, Startale
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Astar Network and Sequence Team up to Launch Astar Studio, a Specialized Platform for Developers With a $200K Grant ProgramFinancial Post•May 20, 2024•Astar Network, Sequence
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