MAP Protocol - About the company
MAP Protocol is a seed company based in San Francisco (United States), founded in 2019 by James Cheng. It operates as a Bitcoin layer-2 solution for peer-to-peer cross-chain interoperability. MAP Protocol has raised $1M in funding. The company has 288 active competitors, including 62 funded and 3 that have exited. Its top competitors include companies like Espresso Systems, UXUY Protocol and LI.FI.
Company Details
Bitcoin layer-2 solution for peer-to-peer cross-chain interoperability. It provides infrastructure and components for dApps and projects. Built on light clients and ZK technology, it offers a peer-to-peer omnichain infrastructure for cross-chain interactions.
- Website
- mapprotocol.io
Key Metrics
Founded Year
2019
Location
San Francisco, United States
Stage
Seed
Total Funding
$1M in 2 rounds
Latest Funding Round
Investors
Ranked
98th among 288 active competitors
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MAP Protocol's funding and investors
MAP Protocol has raised a total funding of $1M over 2 rounds. Its first funding round was on Jan 23, 2024. Its latest funding round was a Seed round on Nov 08, 2024 for $*****. 1 investor participated in its latest round. MAP Protocol has 2 institutional investors.
Here is the list of recent funding rounds of MAP Protocol:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 08, 2024 | 7232451 | Seed | 5242620 | 3306947 | 9564572 | 5973286 |
Jan 23, 2024 | 3460883 | Seed | 1352673 | 9605170 | 4818023 |
View details of MAP Protocol's funding rounds and investors
MAP Protocol's founders and board of directors
Founder? Claim ProfileThe founders of MAP Protocol is James Cheng.
Here are the details of MAP Protocol's key team members:
- James Cheng: Co-Founder of MAP Protocol.
View details of MAP Protocol's Founder profiles and Board Members
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MAP Protocol's Competitors and alternates
Top competitors of MAP Protocol include Espresso Systems, UXUY Protocol and LI.FI. Here is the list of Top 10 competitors of MAP Protocol, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Espresso Systems 2022, Stanford (United States), Series B | Developer of blockchain infrastructure for decentralized applications and shared sequencers | $60M | 64/100 | |
2nd | UXUY Protocol 2022, Singapore (Singapore), Seed | Developer of an online cross-chain liquidity aggregation protocol across multiple blockchains | $10.2M | 61/100 | |
3rd | Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging | $52M | 60/100 | ||
4th | Quant 2016, London (United Kingdom), Seed | Blockchain-based infrastructure platform for cross-ledger app development | - | 59/100 | |
5th | Router Protocol 2021, Singapore (Singapore), Series A | Cross-chain infrastructure for asset-level data transfer | $4.1M | 58/100 | |
6th | MathWallet 2018, Singapore (Singapore), Series B | Cross-chain wallet for digital assets | $19.8M | 55/100 | |
7th | Astar Network 2019, Singapore (Singapore), Series C | Cloud-based smart contract platform offering blockchain network for virtualization solutions | $34.4M | 55/100 | |
8th | Squid 2023, Switzerland, Series B | Cross-chain swap and liquidity routing protocol | $13.5M | 55/100 | |
9th | Blockchain-based platform for transferring digital assets | $2M | 54/100 | ||
10th | Lagrange 2022, San Francisco (United States), Seed | Cross-chain infrastructure for the creation of generalized state proofs across all blockchains | $17.2M | 54/100 | |
98th | MAP Protocol 2019, San Francisco (United States), Seed | Bitcoin layer-2 solution for peer-to-peer cross-chain interoperability | $1M | 25/100 |
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MAP Protocol's Investments and acquisitions
MAP Protocol has made no investments or acquisitions yet.
Reports related to MAP Protocol
Here is the latest report on MAP Protocol's sector:
News related to MAP Protocol
•
Bitcoin L2 Interoperability Layer Map Protocol Receives $1 Million In Strategic InvestmentPANews•Nov 08, 2024•MAP Protocol, Gryps
•
MetaTrust Labs and MAP Protocol CollaborationSmartliquidity•Jul 26, 2023•MetaTrust Labs, MAP Protocol
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