Chakra - About the company
Chakra is a seed company based in Delaware (United States), founded in 2023 by Luke Wang and Jingyi. It operates as a ZK-based Bitcoin restaking protocol. Chakra has raised an undisclosed amount in funding. The company has 184 active competitors, including 76 funded and 5 that have exited. Its top competitors include companies like Aleo, Optimism and Matter Labs.
Company Details
ZK-based Bitcoin restaking protocol. It offers a Bitcoin-based restaking protocol that offers multiple services to stakers. It provides developers access to free test tokens for experimentation. It utilizes STARKs to prove staking events on Bitcoin and verifies proofs on layer-2 chains.
- Website
- chakrachain.io/home
Key Metrics
Founded Year
2023
Location
Delaware, United States
Stage
Seed
Latest Funding Round
Investors
Ranked
88th among 184 active competitors
Sign up to download Chakra's company profile
Chakra's funding and investors
Chakra has raised funding over 1 round. Its latest funding round was a Seed round on Apr 30, 2024 for $*****. 6 investors participated in its latest round. Chakra has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Chakra:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 30, 2024 | 8449400 | Seed | 4393388 | 9335993 | 7333143 | 6982572 |
View details of Chakra's funding rounds and investors
Chakra's founders and board of directors
Founder? Claim ProfileHere are the details of Chakra's key team members:
View details of Chakra's Founder profiles and Board Members
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Chakra's Competitors and alternates
Top competitors of Chakra include Aleo, Optimism and Matter Labs. Here is the list of Top 10 competitors of Chakra, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aleo 2019, San Francisco (United States), Series B | Blockchain-based network for developers | $228M | 73/100 | |
2nd | Optimism 2019, New York City (United States), Series B | Blockchain-based platform for optimistic rollup and executing smart contracts | $175M | 72/100 | |
3rd | Matter Labs 2019, Berlin (Germany), Series C | Finance infrastructure for blockchain privacy with verifiable computation | $458M | 72/100 | |
4th | Blockchain-based platform offers zero-knowledge proof roll-up solutions | $287M | 71/100 | ||
5th | Scroll 2013, Seychelles, Series B | Blockchain-based network for EVM-compatible solutions | $80M | 66/100 | |
6th | Offchain Labs 2018, Princeton (United States), Series B | Developer of solutions for Ethereum smart contracts | $124M | 65/100 | |
7th | Online platform for decentralized zero knowledge rollup | $37M | 65/100 | ||
8th | Non-custodial staking solution for cryptocurrencies | $72M | 63/100 | ||
9th | Blockchain-based application development platform for developers | $4M | 63/100 | ||
10th | EigenLayer 2021, Seattle (United States), Series B | Platform offering a set of smart contracts on Ethereum | $241M | 63/100 | |
88th | Chakra 2023, Delaware (United States), Seed | ZK-based Bitcoin restaking protocol | - | 29/100 |
Looking for more details on Chakra's competitors? Click here to see the top ones
Chakra's Investments and acquisitions
Chakra has made no investments or acquisitions yet.
Are you a Founder ?
FAQs about Chakra
Explore our recently published companies
- AutMan - Birmingham based, 2024 founded, Unfunded company
- Kitt Medical - Radlett based, 2020 founded, Funding Raised company
- Hebbar Enterprises - 2024 founded, Unfunded company
- Alveos Labs - Helsinki based, 2025 founded, Unfunded company
- DKTE - Ichalkaranji based, 1982 founded, Unfunded company
- Lightspire.in - India based, Unfunded company
