When was Octopus Network founded?

Octopus Network was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Octopus Network located?

Octopus Network is headquartered in Beijing, China.

Who is the current CEO of Octopus Network?

Louis Liu of Octopus Network. They have also founded 1 company.

How many employees does Octopus Network have?

As of Sep 30, 2026, the latest employee count at Octopus Network is 18.

Is Octopus Network a funded company?

Octopus Network is a funded company, having raised a total of $9M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 17, 2021.

When was the latest funding round of Octopus Network?

Octopus Network's latest funding was a $***** Series A round on Sep 02, 2021, with participation from 15 investors.

Where does Octopus Network rank among its competitors?

Octopus Network ranks 124th amongst 1415 active competitors, of which 287 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Celestia, which secured $100M in Sep, 2024.

Who are the top competitors of Octopus Network?

Octopus Network's top competitors include Solana, Mysten Labs and NEAR. Among them, Celestia secured the most recent funding round in September, 2024.

Octopus Network - 2026 Company Profile, Team, Funding & Competitors

Company Details

Decentralized network for hosting web 3.0 applications. It provides leased security, interoperability, and infrastructure to app chains. Appchain can interoperate with blockchains outside the Octopus Network, either via bridges on NEAR or utilizing an IBC pallet to connect with any IBC enabled blockchains.

Website: oct.network
Social
Email ID: *****@oct.network

Key Metrics

Founded Year

2021

Location

Beijing, China

Stage

Series A

Total Funding

$9M in 3 rounds

Latest Funding Round

Series A, Sep 02, 2021, $*****

Investors

Autonomy Capital & 39 more

Ranked

124^th among 1415 active competitors

Employee Count

18 as on Sep 30, 2026

Investment & Acquisitions

Sender & 2 more

Similar Companies

Solana & 1457 more

View Octopus Network's full profile

Octopus Network has raised a total funding of $9M over 3 rounds. Its first funding round was on Mar 17, 2021. Its latest funding round was a Series A round on Sep 02, 2021 for $*****. 15 investors participated in its latest round. Octopus Network has 40 institutional investors.

Here is the list of recent funding rounds of Octopus Network:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 02, 2021	3655415	Series A	4019916	8017367	8711802	9863655
Apr 02, 2021	4577523	Seed	6173863	1232476	3684225	D1 Ventures & 12 more
Mar 17, 2021	2516633	Seed	9300764	5836283	4027087	NEAR

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View details of Octopus Network's funding rounds and investors

The founders of Octopus Network are Louis Liu, Mike Tang and Julian Sun. Louis Liu is the CEO of Octopus Network.

Here are the details of Octopus Network's key team members:

Louis Liu: Co-Founder & CEO of Octopus Network.
Mike Tang: Co - Founder of Octopus Network.
Julian Sun: Co - Founder of Octopus Network.
Contact Info: 1 email address

View details of Octopus Network's Founder profiles and Board Members

Octopus Network's employee count trend

Octopus Network has 18 employees as of Sep 26. Here is Octopus Network's employee count trend over the years:

Employee count trend for Octopus Network

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Top competitors of Octopus Network include Solana, Mysten Labs and NEAR. Here is the list of Top 10 competitors of Octopus Network, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Solana 2010, San Francisco (United States), Series C	Developer of enterprise infrastructure for issuing assets and digital payments	$374M	500 Global, Andreessen Horowitz & 95 others	80/100
2nd	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	77/100
3rd	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Accomplice & 92 others	76/100
4th	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, FTX & 34 others	74/100
5th	Ankr 2017, San Francisco (United States), Series C	Provider of blockchain infrastructure node access and decentralized network services	$16M	http://pinup-online.in, LinkVC & 30 others	73/100
6th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, R8 Capital & 22 others	71/100
7th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 110 others	70/100
8th	Chain 2014, San Francisco (United States), Acquired	Blockchain solutions empowering businesses to thrive in the Web3 era	$39.5M	Visa, Nasdaq & 26 others	70/100
9th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	GAINS Associates, Kernel Ventures & 44 others	69/100
10th	Celestia 2011, Vaduz (Liechtenstein), Series C	Blockchain-based modular consensus and data network	$204M	Bain Capital Crypto, Syncracy & 49 others	68/100
124th	Octopus Network 2021, Beijing (China), Series A	Decentralized network for hosting web 3.0 applications	$9M	Electric Capital, Digital Currency Group ... & 38 others	43/100

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Octopus Network has made 3 investments including Sender, Sender and KYVE. Octopus Network has not made any acquisitions as of now.

Here is the list of its investments:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 12, 2022	Investments	Sender	2021	Singapore (Singapore)
Sep 12, 2022	Investments	Sender	2021	United States
Oct 26, 2021	Investments	KYVE	2021	Frankfurt Am Main (Germany)