Acurast has raised $5.4M in a community-led investment round by CoinList for a global decentralized cloud using smartphones.

May 26, 2025•7 months ago

Amount Raised

$5.4 Million

ZurichArtificial IntelligenceInformation TechnologySoftware

Investors

Coin List

Description

Acurast has raised $5.4 million to power a decentralized cloud computing network using smartphones. The investment round was led by CoinList, concluding on May 22, 2025. Most capital will enhance their protocol for decentralized computing. Acurast has onboarded over 72,000 smartphones worldwide, making it a leader in verifiable compute networks.

Company Information

Company

Acurast

Location

Zurich, Zurich, Switzerland

About

Acurast enables users to participate in confidential compute tasks, decentralized AI, and blockchain infrastructure, all while earning rewards by leveraging the processing power of smartphones. The company transforms everyday phones into secure, decentralized compute nodes, powering a global network spanning over 130 countries. Acurast's platform is built for the decentralized compute economy, ensuring trustless and verifiable execution across billions of smartphones. It supports developers with seamless deployment and integration for web3, AI, and other advanced technologies.

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