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peaq - Undisclosed
Overview
Funding Date
March 28, 2024
Financing amount
$15M
Valuation
--
Category
Subcategory
About peaq - Undisclosed
Peaq has raised $15 million in funding round to expand its ecosystem of DEPIN networks. The round was led by Generative Ventures and Borderless Capital and featuring participation from The Spartan Group, CMCC Global, Animoca Brands, and more.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2013 | 11 | -- | ||
| Fund | United States of America | 2018 | 97 | [email protected] | ||
| Fund | Singapore | 2018 | 180 | [email protected] | ||
| Corporate | Germany | 2000 | 9 | -- | ||
| Fund | Hong Kong | 2016 | 22 | -- | ||
| Corporate | Hong Kong | 2014 | 322 | -- |
Founders & Team
Julia Pönitzsch
Leonard Dorlöchter
Max Thake
Pavel Fomenko
Till Wendler
Company Profile / Project Introduction
peaq is a Layer 1 blockchain designed specifically for Decentralized Physical Infrastructure Networks (DePIN). It offers scalability beyond 10,000 TPS (Transactions Per Second) at a minimal cost of approximately $0.00025 per transaction. peaq utilizes an environmentally friendly architecture and leverages the Ethereum and Polkadot ecosystems. It supports EVM (Ethereum Virtual Machine) and ink!