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Acurast Raises $11M Ahead of TGE Launch

Zug, Switzerland – November 12, 2025

With less than a week to go before Mainnet and TGE launch (November 17), Acurast, the Real Decentralized Compute Network using smartphones to provide verifiable, confidential compute, is thrilled to announce it has raised a total of $11 million to date across non-dilutive grants and token-based rounds.

 

Backed by Builders, Visionaries, and Early Believers


Following an oversubscribed token sale on CoinList in May, which raised $5.4 million, and a series of non-dilutive grants and token-based rounds between 2023 and 2025, we’re proud to be supported by a diverse network of contributors.

 

Acurast’s contributor base includes some of the most influential builders and visionaries in Web3.

Among them are Dr. Gavin Wood (Co-founder, Ethereum; Founder, Polkadot), Ogle (Founder, GlueNet; CoinDesk’s Most Influential), Michael van de Poppe (Founder, MN Capital) Vineet Budki (CEO, Sigma Capital). Institutional backers such as Scytale Digital, HV Capital, Sigma Capital and peaq are also backing Acurast to strengthen their global expansion.

 

Together, they share our mission to bring verifiable, scalable, and confidential compute to a global audience, and to redefine the future of decentralized infrastructure.

 

Turning Phones into a Global Compute Network

 

Smartphones represent the most battle-tested and widely distributed hardware on the planet, and there’s billions of them. Acurast transforms these smartphones into verifiable compute nodes capable of executing workloads securely, confidentially, and without intermediaries.

 

“TGE marks the moment Acurast becomes a genuinely open, global compute network ready for real-world integration,” said Alessandro De Carli, Founder of Acurast. “By turning idle phones into verifiable, confidential compute, we remove the gatekeepers and bring secure, trustless computation to anyone, anywhere.”

 

Proven Scale Before Mainnet and TGE

 

Acurast’s incentivized testnet has already achieved large-scale adoption, validating the network’s potential for real-world workloads:

 

  • 149,000+ phones onboarded
  • 87,000+ developer deployments
  • 492M+ on-chain transactions processed
  • 179,000+ accounts created

 

These smartphones are already powering workloads that require confidentiality and integrity: from decentralized automation to privacy-preserving enterprise processes. Driven by its strong community, Acurast’s own program, the Cloud Rebellion, is further expanding the network’s global reach and rewarding contributors who help it grow.

 

앞으로의 전망

 

With Mainnet and TGE going live in less than a week (November 17), Acurast is opening the door to a new class of decentralized and enterprise-ready compute applications. From powering AI workloads to verifiable automation and infrastructure resilience testing, Acurast enables mission-critical systems to run securely on a global, community-powered network, with no data centers required.

 

 

The countdown to the Acurast Mainnet and TGE launch has begun. Keep an eye on our socials for the latest announcements and how to get involved.