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Karura

Karura is the canary deployment of Acala on Kusama that mirrors the Acala DeFi hub architecture with a decentralized exchange, multi-collateral stablecoin protocol, and liquid KSM staking in a single parachain runtime. The platform serves as a proving ground for new features before their deployment on Polkadot. Karura supports Ethereum-compatible smart contracts through an integrated EVM layer.
Category: Financial Services Platform

Acala Foundation

Acala Foundation operates Acala Network, a customizable, EVM-compatible appchain designed as a liquidity layer for Web3 finance. Acala provides backend infrastructure and built-in financial tools including the Universal Asset Hub, decentralized exchange, DOT liquid staking, multichain asset routing, staking, governance, and aSEED functionality. It supports developers building Solidity or Substrate applications and runs an ecosystem program providing funding, technical, and growth support to early-stage teams integrating with Acala network and protocols.
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Funding Rounds

Funding Round: Ecosystem Foundation raise
Funding Date: 25 Mar, 2022
Raised Amount: $250M
Funding Round: Public Sale
Funding Date: 1 Sep, 2021
Raised Amount: $93M
Funding Round: Series A
Funding Date: 1 Aug, 2020
Raised Amount: $7M

Investors