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IoTeX
About
IoTeX is the leading decentralized network to power billions of machines at scale, drive the machine economy (machinefi) applications.
- Menlo Park,California,United States
- 51 - 100
- https://iotex.io/
Details
- Last Funding Type
- Series Unknown
- Industries
- Blockchain,Cryptocurrency,Internet of Things,Privacy
- Founded date
- Jul 1, 2017
- Number Of Employee
- 51 - 100
- Operating Status
- Active
IoTeX is the leading decentralized network powering the future of web3 and machine economy (MachineFi). The platform is built for developers to connect billions of machines with web3 infrastructure, to create innovative products including DeFi, NFT, DAO, Metaverse, and MachineFi applications. Founded in 2017 with a team of alumni from Google, Facebook, Uber, Bosch, and Intel, IoTeX has launched a high-performance public blockchain with off-chain computing for devices and machines, cross-chain bridges, wallet, and the MachineFi marketplace. The IoTeX network has grown rapidly with >$2B in assets on-chain, >300K on-chain users, and >10k devices connected across hundreds of dapps.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 4, 2021 | Secondary Market | — | 1 | — | — | Detail |
| Jul 1, 2019 | Series Unknown | — | 1 | — | — | Detail |
| Oct 1, 2018 | Series Unknown | — | 2 | — | — | Detail |
| May 23, 2018 | Seed | — | 1 | — | — | Detail |
| Feb 8, 2018 | Series Unknown | — | 1 | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jan 29, 2022
Galaxy Blitz
|
Seed | $10M | Blockchain | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Draper Dragon
|
Yes | Seed |
Einsvill Labs
|
— | Secondary Market |
Hashkey
|
— | Series Unknown |
BlockVC
|
— | Series Unknown |
Founder Friendly Labs
|
— | Series Unknown |
Mukul Agarwal
|
— | Seed |
Kosmos Ventures
|
— | Series Unknown |
NGC Ventures
|
— | Seed |
8 Decimal Capital
|
— | Seed |
AlphaCoin Fund
|
— | Seed |
Employee Profiles
