When was Opnet founded?

Opnet was founded in 2024 and raised its 1st funding round 2 years after it was founded.

Where is Opnet located?

Opnet is headquartered in United Arab Emirates.

Who is the current CEO of Opnet?

Fredo Fosco of Opnet. They have also founded 1 company.

How many employees does Opnet have?

As of Mar 31, 2026, the latest employee count at Opnet is 4.

Is Opnet a funded company?

Opnet is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Mar 12, 2026.

When was the latest funding round of Opnet?

Opnet's latest funding was a $***** Series A round on Mar 12, 2026, with participation from 7 investors. Its primary sector is Blockchain Infrastructure. In United Arab Emirates, the Blockchain Infrastructure sector has seen $78.3M in funding in 2026 to date.

Where does Opnet rank among its competitors?

Opnet ranks 38th amongst 161 active competitors, of which 50 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was OpenGradient, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Opnet?

Opnet's top competitors include 0G Labs, Gaia and KGeN. Among them, OpenGradient secured the most recent funding round in April, 2026.

Opnet - 2026 Company Profile, Team, Funding & Competitors

Opnet is a series A company based in United Arab Emirates, founded in 2024 by Fredo Fosco. It operates as a Blockchain consensus layer built on Bitcoin. Opnet has raised $5M in funding from Further. The company has 161 active competitors, including 50 funded and 3 that have exited. Its top competitors include companies like 0G Labs, Gaia and KGeN.

Company Details

Blockchain consensus layer built on Bitcoin. It enables the creation of fully expressive smart contracts, decentralized finance applications, and post-quantum security directly on the Bitcoin network. It provides a consensus layer for Bitcoin Layer 1.

Website: opnet.org
Social
Email ID: *****@opnet.org

Key Metrics

Founded Year

2024

Location

United Arab Emirates

Stage

Series A

Total Funding

$5M in 1 round

Latest Funding Round

Series A, Mar 12, 2026, $*****

Investors

Further & 6 more

Ranked

38^th among 161 active competitors

Employee Count

4 as on Mar 31, 2026

Similar Companies

0G Labs & 159 more

View Opnet's full profile

Opnet has raised a total funding of $5M over 1 round. Its latest funding round was a Series A round on Mar 12, 2026 for $*****. 7 investors participated in its latest round. Opnet has 7 institutional investors.

Here is the list of recent funding rounds of Opnet:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 12, 2026	7414059	Series A	1790993	3992744	3378203	9961801

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View details of Opnet's funding rounds and investors

The founders of Opnet is Fredo Fosco. Fredo Fosco is the CEO of Opnet.

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

Fredo Fosco: Founder & CEO of Opnet.

View details of Opnet's Founder profiles and Board Members

Opnet's employee count trend

Opnet has 4 employees as of Mar 26. Here is Opnet's employee count trend over the years:

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Top competitors of Opnet include 0G Labs, Gaia and KGeN. Here is the list of Top 10 competitors of Opnet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	0G Labs 2023, San Francisco (United States), Seed	AI-based programmable layer for dApps development	$75M	Hack VC, OKX & 24 others	68/100
2nd	Gaia 2024, Berkeley (United States), Series A	Blockchain-based decentralized computing infrastructure	$20M	Mirana, Bytetrade Lab & 29 others	65/100
3rd	KGeN 2022, Bengaluru (India), Series A	Operator of verified distribution protocol for AI gaming and DeFi users	$42.8M	Accel, Aptos & 9 others	64/100
4th	Oort 2021, New York City (United States), Seed	Provider of decentralized AI data collection, processing, and monetization services	$6.2M	Google, Microsoft & 8 others	61/100
5th	Nodepay 2024, Hong Kong (China), Seed	Platform for AI training and development	$7M	IDG Capital, Animoca Brands & 8 others	60/100
6th	BetterButter 2015, Delhi (India), Acquired	Online social platform to discover popular dishes and recipes	$1.23M	M&S Partners, GrowX Ventures & 17 others	53/100
7th	OpenGradient 2024, New York City (United States), Seed	Decentralized platform for scaling verifiable AI	$9.5M	a16zcrypto, SV Angel & 17 others	51/100
8th	Allora Network 2024, New York City (United States), Series A	Network of decentralized AI providing context-aware predictions using machine learning	$35M	Slow Ventures, Framework Ventures & 5 others	51/100
9th	Bittensor 2019, Toronto (Canada), Funding Raised	Blockchain-based decentralized AI platform	-	Skycatcher, The Hypera	50/100
10th	Raiinmaker 2019, Seattle (United States), Seed	Decentralized AI platform that enables users to contribute to the development of AI models	$12.5M	Jump Capital, Cypher Capital & 12 others	48/100
38th	Opnet 2024, United Arab Emirates, Series A	Blockchain consensus layer built on Bitcoin	$5M	G20 Ventures, Further & 5 others	35/100