When was Lition founded?

Lition was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Lition located?

Lition is headquartered in Berlin, Germany.

Who is the current CEO of Lition?

Richard Lohwasser of Lition. They have also founded 2 companies and are an angel investors in 1 startup.

How many employees does Lition have?

As of Jul 01, 2024, the latest employee count at Lition is 2.

Is Lition a funded company?

Lition is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a $***** ICO round, raised on Mar 26, 2019.

When was the latest funding round of Lition?

Lition's latest funding was a $***** Seed round on Aug 02, 2019, with participation from 1 investor.

Where does Lition rank among its competitors?

Lition ranks 2nd amongst 23 active competitors, of which 8 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Enmacc, which secured an undisclosed amount in Feb, 2023.

Who are the top competitors of Lition?

Lition's top competitors include Enmacc, Xain Technologies and Conjoule. Among them, Enmacc secured the most recent funding round in February, 2023.

Lition - 2026 Company Profile, Team, Funding, Competitors & Financials

Lition is a seed company based in Berlin (Germany), founded in 2017 by Richard Lohwasser and Kyung-Hun Ha. It operates as a Developer of public private blockchain infrastructure featuring deletable data functionality. Lition has raised $2M in funding from LongHash Ventures. The company has 23 active competitors, including 8 funded and 1 that has exited. Its top competitors include companies like Enmacc, Xain Technologies and Conjoule.

Company Details

Developer of public private blockchain infrastructure featuring deletable data functionality. This infrastructure facilitates the creation of blockchain applications that are compliant and secure for commercial use. The platform supports energy trading through its decentralized peer to peer marketplace.

Website: www.lition.io/
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Email ID: *****@lition.io
Part Of

Key Metrics

Founded Year

2017

Location

Berlin, Germany

Stage

Seed

Total Funding

$2M in 2 rounds

Latest Funding Round

Seed, Aug 02, 2019, $*****

Investors

LongHash Ventures & 1 more

Ranked

2^nd among 23 active competitors

Employee Count

2 as on Jul 01, 2024

Similar Companies

Nervos Network & 131 more

View Lition's full profile

Lition is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LITION ENERGIE GMBH CIN: HRB193505 , Germany, Active	Feb 11, 2018	-	-
Lition Energie GmbH CIN: HRB193505 , Germany, Active	Feb 12, 2018	-	-

Lition has raised a total funding of $2M over 2 rounds. Its first funding round was on Mar 26, 2019. Its latest funding round was a Seed round on Aug 02, 2019 for $*****. 1 investor participated in its latest round. Lition has 2 institutional investors.

Here is the list of recent funding rounds of Lition:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 02, 2019	8860694	Seed	9515933	6526018	6889835	9506640
Mar 26, 2019	5429885	ICO	3284857	2761920	3472614	4936051

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View details of Lition's funding rounds and investors

The founders of Lition are Richard Lohwasser and Kyung-Hun Ha. Richard Lohwasser is the CEO of Lition.

Here are the details of Lition's key team members:

Richard Lohwasser: Co-Founder & CEO of Lition and founder of 2 other companies, Enneo and Lition. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Kyung-Hun Ha: Co-Founder & COO of Lition.

View details of Lition's Founder profiles and Board Members

Lition's employee count trend

Lition has 2 employees as of Jul 24. Here is Lition's employee count trend over the years:

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Top competitors of Lition include Enmacc, Xain Technologies and Conjoule. Here is the list of Top 10 competitors of Lition, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Enmacc 2016, Munich (Germany), Series B	OTC energy trading platform for investors	$11.1M	Piton Capital, Alantra & 9 others	56/100
2nd	Lition 2017, Berlin (Germany), Seed	Developer of public private blockchain infrastructure featuring deletable data functionality	$2M	ABC Partners, LongHash Ventures	41/100
3rd	Xain Technologies 2017, Berlin (Germany), Seed	Developer of blockchain and machine learning solutions for industrial sectors	$7.05M	Earlybird	38/100
4th	Conjoule 2017, Essen (Germany), Series A	Blockchain-based P2P energy marketplace to connect producers and consumers	$5.13M	innogy Innovation Hub, Tokyo Electric Power Company ... Read more	33/100
5th	Sunride 2014, Berlin (Germany), Seed	Develops software to sell solar power locally	$563K	Startupbootcamp, Climate KIC & 2 others	31/100
6th	Enerchain 2016, Hamburg (Germany), Unfunded	P2P block chain trading platform	-	-	30/100
7th	Peak Power 2022, Berlin (Germany), Seed	Distributed energy balancing system	-	Antler	28/100
8th	Strombewegung 2015, Essen (Germany), Seed	Platform for comparing and choosing renewable energy supplier	-	E.ON :agile	27/100
9th	E-Star 1997, Karlsruhe (Germany), Funding Raised	Provider of SaaS-based renewable energy trading plaform	-	Bizvalue	26/100
10th	BEATRIX 2017, Frankfurt Am Main (Germany), Unfunded	Decentralized platform for energy and telecommunications distribution	-	-	25/100