BEVM - About the company
BEVM is a series A company based in Singapore (Singapore), founded in 2023. It operates as a Developer of decentralized EVM-compatible Bitcoin L2 that uses BTC as Gas. BEVM has raised $10M in funding, with a current valuation of $*****. The company has 564 active competitors, including 91 funded and 10 that have exited. Its top competitors include companies like Uniswap, 0x and 1inch.
Company Details
Developer of decentralized EVM-compatible Bitcoin L2 that uses BTC as Gas. It provides users with a project that introduces the Ethereum Virtual Machine (EVM)-compatible Layer 2 solution for Bitcoin. This platform aims to enhance the Bitcoin ecosystem by enabling decentralized applications (DApps) to operate on Bitcoin Layer 2, utilizing BTC as gas for transactions.
- Website
- bevm.io
Key Metrics
Founded Year
2023
Location
Singapore, Singapore
Stage
Series A
Total Funding
$10M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 25, 2024
Ranked
48th among 564 active competitors
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BEVM's funding and investors
BEVM has raised a total funding of $10M over 2 rounds. Its first funding round was on Mar 25, 2024. Its latest funding round was a Series A round on Apr 30, 2024 for $*****. 1 investor participated in its latest round. BEVM has 14 institutional investors.
Here is the list of recent funding rounds of BEVM:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 30, 2024 | 1100279 | Series A | 7254303 | 3190423 | 7611003 | 1886752 |
Mar 25, 2024 | 6327499 | Series A | 9169452 | 9104857 | 3012890 |
View details of BEVM's funding rounds and investors
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BEVM's Competitors and alternates
Top competitors of BEVM include Uniswap, 0x and 1inch. Here is the list of Top 10 competitors of BEVM, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 75/100 | |
2nd | 0x 2016, San Francisco (United States), Series B | Open protocol for decentralized P2P exchange | $86.9M | 70/100 | |
3rd | 1inch 2019, Tortola (United Kingdom), Series B | Provider of decentralized finance infrastructure for cross chain token swaps | $190M | 68/100 | |
4th | Online cryptocurrency trading platform | - | 66/100 | ||
5th | Jupiter 2021, Antigua And Barbuda, Series C | Solana-based decentralized platform offering a swap aggregator service | $35M | 64/100 | |
6th | Kyber Network 2017, British Virgin Islands, Seed | Provider of blockchain-based market makers for cryptocurrencies | - | 61/100 | |
7th | Rarible 2019, Wilmington (United States), Series A | Online marketplace offering blockchain based digital art | $16M | 61/100 | |
8th | Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging | $52M | 60/100 | ||
9th | ShapeShift 2015, London (United Kingdom), Series A | Online trading platform for cryptocurrency | $12.5M | 59/100 | |
10th | Provider of an online decentralized exchange platform for cryptocurrencies | - | 58/100 | ||
48th | Developer of decentralized EVM-compatible Bitcoin L2 that uses BTC as Gas | $10M | 39/100 |
Looking for more details on BEVM's competitors? Click here to see the top ones
BEVM's Investments and acquisitions
BEVM has made no investments or acquisitions yet.
Reports related to BEVM
Here is the latest report on BEVM's sector:
News related to BEVM
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Elastos and BEVM Forge Bitcoin Native Peer-to-Peer Loans, Unlocking $1.3 Trillion in Dormant ValueForexTV•Jul 02, 2024•Elastos, BEVM
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BEVM Visionary Builders (BVB) Program Launches a 60 Million Ecosystem Incentives ProgramFinSMEs•Jun 07, 2024•BEVM
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BEVM Unveils Groundbreaking Taproot Consensus for Decentralized Bitcoin Layer 2 SolutionFinance Magnates•May 27, 2024•BEVM
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BEVM Bitcoin Layer2 Closes Seed Round with RockTree Capital, Sathoshi LabBitcoin Ethereum News•Mar 27, 2024•Rocktreecapital, SatoshiLabs, BEVM, Waterdrip Capital and 12 others
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BEVM Bitcoin Layer2 Closes Seed Round with RockTree Capital, Sathoshi Lab & 20 OthersGlobeNewswire•Mar 27, 2024•BEVM, Rocktreecapital, Waterdrip Capital, ArkStream Capital and 14 others
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