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IoTeX - Undisclosed
Overview
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
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 81 | hello@borderlesscapital.io | ||
| Fund | Hong Kong | 2017 | 52 | contact@ambergroup.io | ||
| Fund | Russian Federation | 2010 | 58 | info@foresight.vc | ||
| Corporate | Hong Kong | 2017 | 8 | contact@0xfu.com | ||
| Fund | Unknown | -- | 2 | -- | ||
| Fund | China | 2017 | 66 | contact@waterdrip.io | ||
| Uncategorized | United States of America | -- | 1 | -- |
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.