Startup profile for Chia: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Chia funding, valuation and investors

Proof-of-space-and-time blockchain (Chia Network) designed for lower-energy crypto mining.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series D

$61M · 2021

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$61M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · South San Francisco, California

Investors in latest funding

Lead: Andreessen Horowitz

Other: Greylock Partners , Slow Ventures

Source links not recorded Last verified: 2026-07-25

Overview

Chia Network operates a layer-1 blockchain that uses proof-of-space-and-time instead of energy-intensive proof-of-work. Farmers allocate disk space to secure the network; the company also pursues enterprise and government blockchain applications via its Chia blockchain platform.

Why Chia is interesting

Bram Cohen (BitTorrent creator) built an alternative to proof-of-work using disk space — Greylock and Slow joined a16z from seed through a $61M 2021 round.

Product & use cases

Layer-1 blockchain using proof-of-space-and-time — participants farm by allocating disk storage instead of proof-of-work mining.

  • Energy-efficient blockchain farming via disk space
  • Enterprise blockchain applications
  • Programmable blockchain with lower energy footprint

Key facts

  • Series D (2021): $61M co-led by a16z and Richmond Global; Greylock, Slow among backers (BusinessWire)
  • Seed (2018): a16z and Greylock participated (TechCrunch)

Funding history (newest first)

Series D

2021 $61M

Seed

2018

Investors in our directory

Funds linked from Chia's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz Greylock Slow Ventures

Competitive landscape

Edge: Bram Cohen (BitTorrent creator) built an alternative to proof-of-work using disk space — Greylock and Slow joined a16z from seed through a $61M 2021 round.

Chia operates in crypto-web3. Bram Cohen (BitTorrent creator) built an alternative to proof-of-work using disk space — Greylock and Slow joined a16z from seed through a $61M 2021 round.

  • Bitcoin incumbent

    Proof-of-work dominant cryptocurrency.

  • Ethereum incumbent

    Proof-of-stake smart contract platform.

  • Filecoin adjacent

    Storage-based blockchain with different consensus.

Notable stories

  • Founded by Bram Cohen, BitTorrent creator.
  • Mainnet launched 2021; XCH token trades on crypto markets.

Industries

Crypto & Web3

FAQs about Chia

Practical answers founders, operators, and investors typically search for.

Chia Network runs a proof-of-space-and-time blockchain where participants "farm" by allocating disk storage rather than burning compute on proof-of-work mining. The XCH token secures the network; Chia also markets enterprise blockchain tooling.
Andreessen Horowitz (see /fund/andreessen-horowitz) co-led the $61M Series D in 2021. Greylock Partners (see /fund/greylock-partners) and Slow Ventures (see /fund/slow-ventures) backed the company from early rounds.
Series D ($61M, 2021) was the last major disclosed venture round. Chia mainnet launched in 2021; the company remains private.
Chia tests whether proof-of-space can deliver a more energy-efficient alternative to Bitcoin-style mining while still supporting a programmable blockchain — a design question with climate and infrastructure implications.
No. Chia Network remains private. The XCH token trades on crypto markets, but the company itself has not IPO'd.
Headquarters not publicly disclosed in sources we index.
Founding year not publicly disclosed in sources we index.
Chia has not publicly disclosed profitability.
See fundraising rounds and highlights on this profile for disclosed amounts.
crypto-web3
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.