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      IoTeX's Logo

      IoTeX - Undisclosed

      Overview Investors Company Profile / Project Introduction

      Overview

      Funding Date

      April 3, 2024

      Financing amount

      $50M

      Valuation

      --

      Category

      Web3

      Subcategory

      --

      About IoTeX - Undisclosed

      IoTeX has raised $50 million investment from Borderless Capital, Amber Group, Foresight Ventures, FutureMoney Group, SNZ, Metrics Ventures, EV3 and Waterdrip Capital. The new funding will drive DePIN growth and adoption through an investment in long-term staked $IOTX, the DePIN token that governs and fuels the IoTeX DePIN ecosystem, as well as investment in the DePIN projects building on IoTeX with the IoTeX Foundation and the DePINsurf accelerator fund.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2018 97 [email protected]
      Fund Hong Kong 2017 72 [email protected]
      Fund Russian Federation 2010 80 [email protected]
      Corporate Hong Kong 2017 10 [email protected]
      Fund Unknown -- 3 --
      Fund China 2017 83 [email protected]
      Uncategorized United States of America -- 7 --

      Company Profile / Project Introduction

      IoTeX is a comprehensive blockchain-based platform that offers full compatibility with Ethereum and other leading EVM chains, thanks to its decentralized bridge. Further, through W3bstream, it empowers dApps to conduct verifiable processing using zero-knowledge proofs, bridging the gap between off-chain data sources and blockchain applications.

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      *Fundraising Announcement: Click here