Kandola is a DePIN network building the first – Decentralised Database-as-a-Service platform. They are to databases what IPFS is to file storage.
A quick brief about Kandola
Launched in Q4 21
* 200+ companies building on Kandola Ecosystem.
* Raised pre-seed at $20 million valuation from marquee investors, both VCs and angels.Â
* 4 patents filed so far. 9 more in the pipeline.
* Highly experienced team of Ph.Ds, Masters and technocrats
* Public Test net launched in Dec 23
* Target mainnet data – Q2-24
Alpha Wave Global, Arcanum Ventures, Gains Associates, Sandeep Nailwal are some of its investors. They have raised ~USD 670K in funding so far.