Irys, founded in 2021, is revolutionizing the Blockchain and Web3 industries with its vertically integrated solution that innovatively merges data storage and execution into a singular blockchain. Headquartered in the United Kingdom, the company is making waves with its claim, "The First Programmable Datachain. If you can imagine it, you can build it."
Irys utilizes a multi-ledger system that offers both temporary and permanent data storage, all fully EVM-compatible via their IrysVM. This allows for efficient, cost-effective real-time data manipulations, enhancing scalability and providing stable transaction pricing. By empowering developers to build secure, future-proof dApps with greater flexibility, Irys meets burgeoning development needs.
In a Series A funding round on 01 August 2025, Irys raised $10.00M from notable investors including Amber Group, CoinFund, Hypersphere Ventures, WAGMI Ventures, Breed VC, Tykhe Block Ventures, Echo Group, and Varrock, indicating substantial industry interest and confidence in its groundbreaking approach.