Acurast Gains $11M to Launch Decentralized Computing Network

Acurast has raised $11 million to develop a decentralized computing network focused on mobile devices. The investment round was led by Gavin Wood, co-founder of Ethereum and Polkadot.

Led by industry figures, the funding aims to propel Acurast’s network and ecosystem. Acurast’s mainnet and the ACU token are set for launch on November 17, 2025.

The new funding will strengthen the network’s ability to utilize smartphones for decentralized computation. This innovation could have substantial implications for the broader blockchain space.

Financial impacts include notable backing from industry pioneers. Anticipation is rising for the ACU token launch. It’s expected to impact the market ecosystem via its strategic leadership and broad accessibility.

Data shows over 150,000 smartphones are currently running the software, indicating early engagement. The mainnet anticipates more deployment activity which can reshape computation in the mobile sector.

The move suggests potential shifts in regulatory and technical landscapes. Based on historical trends, decentralized computing backed by strong industry leaders often leads to increased token demand post-mainnet launch.

Alessandro De Carli, Founder, Acurast, – “Billions of smartphones are the most battle-tested hardware on earth … We remove the gatekeepers, reduce the costs, and bring secure, trustless computation to anyone, anywhere, and all without a data center” [2][3].