Bitfinity Network - About the company
Bitfinity Network is a series A company based in London (United Kingdom), founded in 2021 by Alessandro Rietmann and Max Chamberlin. It operates as an EVM infrastructure for the internet computer. Bitfinity Network has raised $7M in funding, with a current valuation of $*****. The company has 53 active competitors, including 17 that are funded. Its top competitors include companies like Blockstream, Orbs and Gnosis.
Company Details
EVM infrastructure for the internet computer. It is pioneering DeFi cross-chain primitives, undertaking research and development into cross-chain wallets, supporting both Bitcoin and EVM-based chains; exchanges, and automated market-making activities, built on the internet computer.
- Website
- bitfinity.network
Key Metrics
Founded Year
2021
Location
London, United Kingdom
Stage
Series A
Total Funding
$7M in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Jan 11, 2024
Ranked
9th among 53 active competitors
Employee Count
7 as on May 31, 2026
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Bitfinity Network's funding and investors
Bitfinity Network has raised a total funding of $7M over 1 round. Its latest funding round was a Series A round on Jan 11, 2024 for $*****. 5 investors participated in its latest round. Bitfinity Network has 6 institutional investors.
Here is the list of recent funding rounds of Bitfinity Network:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 11, 2024 | 8024457 | Series A | 6170904 | 4568353 | 2612574 | 4008488 |
View details of Bitfinity Network's funding rounds and investors
Bitfinity Network's founders and board of directors
Founder? Claim ProfileThe founders of Bitfinity Network are Alessandro Rietmann and Max Chamberlin. Max Chamberlin is the CEO of Bitfinity Network.
Here are the details of Bitfinity Network's key team members:
- Alessandro Rietmann: Co-Founder of Bitfinity Network.
- Max Chamberlin: Co-Founder & CEO of Bitfinity Network.
View details of Bitfinity Network's Founder profiles and Board Members
Bitfinity Network's employee count trend
Bitfinity Network has 7 employees as of May 26. Here is Bitfinity Network's employee count trend over the years:
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Bitfinity Network's Competitors and alternates
Top competitors of Bitfinity Network include Blockstream, Orbs and Gnosis. Here is the list of Top 10 competitors of Bitfinity Network, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blockstream 2014, Montreal (Canada), Series C | Developer of blockchain-based platform building crypto-financial infrastructure | $651M | 77/100 | |
2nd | Infrastructure as a service via virtual chains | $15.4M | 65/100 | ||
3rd | Crypto-based financial service provider | $500K | 64/100 | ||
4th | Horizen 2017, Delaware City (United States), Funding Raised | Provides cryptocurrency and sidechain platform | - | 61/100 | |
5th | Lightning Labs 2016, San Francisco (United States), Series B | Blockchain-based sidechain network | $82.5M | 60/100 | |
6th | Horizen Labs 2018, Austin (United States), Seed | Blockchain-based infrastructure for sidechain application | $11M | 51/100 | |
7th | Boba 2021, Palo Alto (United States), Series A | Decentralized network platform for Ethereum | $45M | 47/100 | |
8th | Cross-blockchain communication based on Lisk-fork | - | 44/100 | ||
9th | Bitfinity Network 2021, London (United Kingdom), Series A | EVM infrastructure for the internet computer | $7M | 44/100 | |
10th | Solution for developing blockchain-based platform on sidechains | - | 43/100 |
Looking for more details on Bitfinity Network's competitors? Click here to see the top ones
Bitfinity Network's Investments and acquisitions
Bitfinity Network has made no investments or acquisitions yet.
Reports related to Bitfinity Network
Here is the latest report on Bitfinity Network's geography:
News related to Bitfinity Network
•
Bitcoin Layer 2 Solution Bitfinity Network Secures $12 Million Funding Round to Enhance Ethereum-Compatible EcosystemBitcoin Ethereum News•Nov 19, 2024•Bitfinity Network, Beacon VC, ParaFi, Draft Ventures and 3 others
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Bitfinity raises $7 million to integrate Ethereum and BitcoinInvesting•Jan 12, 2024•Bitfinity Network, Polychain, ParaFi, Cubist and 3 others
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Bitcoin Layer 2 Bitfinity raises token round at $130 million valuationThe Block•Jan 11, 2024•Bitfinity Network, Polychain, ParaFi, Warburg Serres and 2 others
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