When was peaq founded?

peaq was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is peaq located?

peaq is headquartered in Singapore, Singapore. It is registered at FRASER STREET, Singapore, 189352.

How many employees does peaq have?

As of Jul 31, 2026, the latest employee count at peaq is 58.

Is peaq a funded company?

peaq is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 11, 2023.

When was the latest funding round of peaq?

peaq's latest funding was a $***** Seed round on May 11, 2023, with participation from 11 investors.

Where does peaq rank among its competitors?

peaq ranks 35th amongst 159 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 peaq?

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

peaq - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of a blockchain for machine economy applications and services. The blockchain facilitates the development of decentralized applications for devices, robots, and machines. It offers protocol-level standards and frameworks for machine economy operating systems. The blockchain aims to ensure that artificial intelligence, machines, robots, and automation benefit all humans.

Website: www.peaq.xyz/
Social
Email ID: *****@peaq.network
Registered Address: FRASER STREET, Singapore, 189352

Key Metrics

Founded Year

2020

Location

Singapore, Singapore

Stage

Seed

Total Funding

$6M in 1 round

Latest Funding Round

Seed, May 11, 2023, $*****

Investors

Fundamental Labs & 11 more

Ranked

35^th among 159 active competitors

Employee Count

58 as on Jul 31, 2026

Investment & Acquisitions

375ai

Similar Companies

0G Labs & 157 more

View peaq's full profile

peaq is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PEAQ FOUNDATION LTD. CIN: 202221025H , Singapore, Active	Jun 17, 2022	-	-

peaq has raised a total funding of $6M over 1 round. Its latest funding round was a Seed round on May 11, 2023 for $*****. 11 investors participated in its latest round. peaq has 12 institutional investors.

Here is the list of recent funding rounds of peaq:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 11, 2023	9241071	Seed	9977695	2670840	8365915	4629373

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View details of peaq's funding rounds and investors

The founders of peaq are Leonard Dorlochter, Till Wendler, Julia Ponitzsch, Max Thake, Pavel Fomenko and Leonard Dorlöchter.

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

Leonard Dorlochter: Co-Founder of peaq.
Till Wendler: Co-Founder of peaq.
Julia Ponitzsch: Co-Founder of peaq.
Max Thake: Co-Founder of peaq.
Contact Info: 1 email address
Pavel Fomenko: Co-Founder of peaq.

View details of peaq's Founder profiles and Board Members

peaq's employee count trend

peaq has 58 employees as of Jul 26. Here is peaq's employee count trend over the years:

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Top competitors of peaq include 0G Labs, Gaia and KGeN. Here is the list of Top 10 competitors of peaq, 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	66/100
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	Elevate Ventures, IDG Capital & 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 Fund & 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
35th	peaq 2020, Singapore (Singapore), Seed	Provider of a blockchain for machine economy applications and services	$6M	Delta-v Capital, Fundamental Labs & 10 others	36/100