Bitfinity Network - About the company
Bitfinity Network is a series A company based in London (United Kingdom), founded in 2021 by 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 55 active competitors, including 18 that are funded. Its top competitors include companies like Blockstream, Gnosis and Orbs.
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
- Social
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
7th among 55 active competitors
Employee Count
5 as on Sep 30, 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 | 2248611 | Series A | 7681800 | 3576044 | 3252204 | 9413722 |
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Bitfinity Network's founders and board of directors
Founder? Claim ProfileThe founders of Bitfinity Network is Max Chamberlin. Max Chamberlin is the CEO of Bitfinity Network.
Here are the details of Bitfinity Network's key team members:
- 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 5 employees as of Sep 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, Gnosis and Orbs. 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 cryptocurrency infrastructure software and open source hardware wallets | $651M | 76/100 | |
2nd | Crypto-based financial service provider | $500K | 66/100 | ||
3rd | Developer of decentralized protocols providing execution services for trading platforms | $15.4M | 65/100 | ||
4th | Lightning Labs 2016, San Francisco (United States), Series B | Developer of infrastructure software for the bitcoin lightning payment network | $82.5M | 61/100 | |
5th |  Horizen 2017, Delaware City (United States), Funding Raised | Provides cryptocurrency and sidechain platform | - | 56/100 | |
6th | Boba 2021, Palo Alto (United States), Series A | Decentralized network platform for Ethereum | $45M | 54/100 | |
7th |  Bitfinity Network 2021, London (United Kingdom), Series A | EVM infrastructure for the internet computer | $7M | 43/100 | |
8th | Solution for developing blockchain-based platform on sidechains | - | 43/100 | ||
9th | Cross-blockchain communication based on Lisk-fork | - | 42/100 | ||
10th | Horizen Labs 2018, Austin (United States), Seed | Blockchain-based infrastructure for sidechain application | $11M | 42/100 |
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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 sector:
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
•
Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports RunesCoinDesk•May 17, 2024•Bitfinity Network
•
Bitfinity raises $7 million to integrate Ethereum and BitcoinInvesting•Jan 12, 2024•Bitfinity Network, Polychain, ParaFi, Cubist and 3 others
•
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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