Avail Technology Limited announced that it has raised a funding co-led by new investor, CyberFund, LLC, a fund managed by Hammer Capital Management, Inc., returning investors, The Founders Fund, LLC and Dragonfly Capital on June 4, 2024. The transaction included participation from new investors, HTX Ventures, Chapter One Ventures, LP., Foresight Ventures Investments, Mirana Ventures, KR1 Plc, Altos Ventures Management, Inc., DeFi Alliance, LLC, HashKey Capital, Elixir Capital Management, Spark Digital Capital, RW3 Ventures, returning investors, SevenX Ventures, Figment Capital, Nomad Capital and angel investors. The company has issued simple agreement for future equity in the transaction.

The company has raised $75 million of funding till date. The round got oversubscribed.