August 30, 2021, 11:52AM EDT
• 32 min read
Mapping out Avalanche's ecosystem
- Avalanche (AVAX) is an open and programmable platform for creating custom blockchain networks and decentralized finance applications.
- The Series A was funded by prominent venture capital firms including a16z (Andreeson Horowitz), Initialized Capital, and Polychain in February 19 and has since raised $60 million to date.
- The Block has identified 213 projects and companies across 11 different verticals currently expanding on its ecosystem.
- Given the recent surge in popularity of Avalanche, The Block has updated our previous ecosystem map of Avalanche.