# Solana Foundation

**Source:** https://www.startuphub.ai/startups/solana-foundation
**Profile type:** Startup

> Non-profit organization supporting the development and adoption of the Solana blockchain.

## About

The Solana Foundation is a non-profit organization in Switzerland focused on decentralization, adoption, and security of the Solana ecosystem. It funds censorship resistance initiatives and supports network decentralization by encouraging validator participation through its Delegation Program. The foundation serves the Solana network by fostering a permissionless environment for anyone to help secure it.

## Key facts

- **Slug:** solana-foundation
- **Website:** https://solana.org/
- **Location:** Zug, Switzerland
- **Founded:** 2020-04-01
- **Operating status:** Active
- **Total funding:** $250M
- **Sectors / tags:** Blockchain, DeFi, Web3, Cryptocurrency, Decentralized Finance, Developer Tools, Open Source, Open Source Software, Digital Infrastructure, Financial Technology (FinTech), Nonprofit Organizations

## Frequently asked

### What does Solana Foundation do?

The Solana Foundation is a non-profit organization in Switzerland focused on decentralization, adoption, and security of the Solana ecosystem. It funds censorship resistance initiatives and supports network decentralization by encouraging validator participation through its Delegation Program. The foundation serves the Solana network by fostering a permissionless environment for anyone to help secure it.

### What is Solana Foundation's valuation?

StartupHub estimates Solana Foundation's effective valuation at $115.6M (range $80.9M to $150.3M, 37% confidence), based on comparable companies in the sector.

### How much funding has Solana Foundation raised?

Solana Foundation has raised a total of $250M in funding.

### Where is Solana Foundation headquartered?

Solana Foundation is headquartered in Zug, Switzerland.

### When was Solana Foundation founded?

Solana Foundation was founded in 2020.

### What industry does Solana Foundation operate in?

Solana Foundation operates in Blockchain, DeFi, Web3, Cryptocurrency, Decentralized Finance, Developer Tools.

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