When was Ika founded?

Ika was founded in 2022 and raised its 1st funding round 3 years after it was founded.

Is Ika a funded company?

Ika is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Apr 29, 2025.

When was the latest funding round of Ika?

Ika's latest funding was a $***** Series B round on Apr 29, 2025, with participation from 28 investors.

Where does Ika rank among its competitors?

Ika ranks 75th amongst 239 active competitors, of which 74 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Ika, which secured $21M in Apr, 2025.

Who are the top competitors of Ika?

Ika's top competitors include Brahma, Pi Network and Berachain. Among them, Ika secured the most recent funding round in April, 2025.

Ika - 2026 Company Profile, Funding & Competitors

Ika is a series B company, founded in 2022. It operates as a Developer of a multi-party computation network providing secure cross-chain functionality. Ika has raised $21M in funding. The company has 239 active competitors, including 74 funded and 7 that have exited. Its top competitors include companies like Brahma, Pi Network and Berachain.

Company Details

Developer of a multi-party computation network providing secure cross-chain functionality. It offers a solution for decentralized custody and programmable interactions across multiple networks. The network enables real-time applications for decentralized finance, and secure multi-chain decentralized applications. It facilitates control of accounts on any chain from a smart contract.

Website: ika.xyz
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Key Metrics

Founded Year

2022

Stage

Series B

Total Funding

$21M in 1 round

Latest Funding Round

Series B, Apr 29, 2025, $*****

Investors

Amplify Partners & 31 more

Ranked

75^th among 239 active competitors

Similar Companies

Brahma & 274 more

View Ika's full profile

Ika has raised a total funding of $21M over 1 round. Its latest funding round was a Series B round on Apr 29, 2025 for $*****. 28 investors participated in its latest round. Ika has 32 institutional investors.

Here is the list of recent funding rounds of Ika:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2025	5731892	Series B	5180743	2570823	8520632	5026301

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Top competitors of Ika include Brahma, Pi Network and Berachain. Here is the list of Top 10 competitors of Ika, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brahma 2021, Delhi (India), Acquired	Blockchain-based network for Defi applications in the finance industry	$6.71M	Framework Ventures, Greenfield Capital & 13 others	70/100
2nd	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Designer Fund & 1 others	68/100
3rd	Berachain 2022, George Town (Cayman Islands), Series B	Provider of EVM-compatible blockchain built on Proof-of-Liquidity consensus	$142M	Polychain, Brevan Howard & 24 others	60/100
4th	Radix 2016, Channel Islands, Series A	Blockchain platform featuring a range of DeFi applications	$14.1M	LocalGlobe, DWF Labs & 7 others	58/100
5th	ZeroLend 2023, Athens (Greece), Seed	Platform offering online banking solutions	$3M	Newman Capital, Transform Capital & 23 others	58/100
6th	Sei 2021, San Francisco (United States), Series B	Online platform offering blockchain infrastructure solutions	$35M	Multicoin Capital, Jump Crypto & 20 others	57/100
7th	Lightspark 2022, Los Angeles (United States), Seed	Platform created to explore, build and extend the capabilities and utility of Bitcoin	-	Andreessen Horowitz, Paradigm & 10 others	56/100
8th	Mimo 2015, Vaduz (Liechtenstein), Series B	Decentralized tokenization and cryptocurrency token platform	$16.6M	Northzone	55/100
9th	WEMIX 2008, Singapore (Singapore), Funding Raised	Provider of a blockchain network ecosystem	-	100&100 Ventures	55/100
10th	RYVYL 2017, San Diego (United States), Public	Blockchain infrastructure solutions for payments and banking	-	-	55/100
75th	Ika 2022, Series B	Developer of a multi-party computation network providing secure cross-chain functionality	$21M	Amplify Partners, FalconX & 30 others	31/100