Startup profile · funding coverage
Chia
Proof-of-space-and-time blockchain (Chia Network) designed for lower-energy crypto mining.
Stage
growth
Status
private
Coverage
full
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.
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)
Investors in our directory
Funds linked from Chia's profile — open a fund page for stage focus and related deal articles.
Industries
Crypto & Web3
Industry hub pages are rolling out from our fund-derived baseline taxonomy.
FAQs about Chia
Funding context and why this company shows up in venture coverage.
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.
Last updated: 2026-07-24