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Polyhedra Network - Undisclosed
Overview
Funding Date
March 14, 2024
Financing amount
$20M
Valuation
$1B
Category
Subcategory
About Polyhedra Network - Undisclosed
Polyhedra Network has closed a $20 million round valuing the company at $1 billion. The round was led by Polychain Capital, along with participation from Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, LongHash Ventures, MH Ventures, ArkStream Capital and Web3Port Foundation. The new funding in this round will be used to further the company’s global expansion plans and to hire new employees. This is Polyhedra’s fifth round of financing in the last two years.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2016 | 163 | [email protected] | ||
| Corporate | Hong Kong | 2014 | 322 | -- | ||
| Corporate | Unknown | -- | 2 | -- | ||
| Fund | -- | 2021 | 24 | -- | ||
| Fund | Hong Kong | 2018 | 178 | [email protected] | ||
| Corporate | Unknown | 1935 | 5 | -- | ||
| Fund | Unknown | -- | 24 | -- | ||
| Fund | Singapore | 2018 | 84 | [email protected] | ||
| Fund | Unknown | -- | 67 | -- | ||
| Fund | China | 2018 | 40 | -- |
Founders & Team
James Zhang
Company Profile / Project Introduction
Polyhedra Network is building the next generation of infrastructure for Web3 interoperability, scalability, and privacy through advanced Zero-knowledge proof (ZKP) technology. Polyhedra Network provides trust-minimized and highly-efficient interoperability solutions for asset transfers, message passing, and data sharing between various Web2 and Web3 systems.