Sui Foundation - About the company
Sui Foundation is a funded company based in Cayman Islands, founded in 2022 by Evan Cheng, Sam Blackshear, Kostas Chalkias, George Danezis and Adeniyi Abiodun. It operates as a Developer of Layer 1 blockchain and smart contract development platform. Sui Foundation has raised an undisclosed amount in funding. The company has 537 active competitors, including 125 funded and 12 that have exited. Its top competitors include companies like Consensys, Alchemy and IoTeX.
Company Details
Developer of Layer 1 blockchain and smart contract development platform. It provides users with a company that allows developers to build on-chain assets with scalability options. It features a wallet, developer forums, and documentation to support its ecosystem.
- Website
- www.sui.io/
- Social
Key Metrics
Founded Year
2022
Location
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
5th among 537 active competitors
Employee Count
190 as on Jul 31, 2026
Investment & Acquisitions
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Sui Foundation's funding and investors
Sui Foundation has raised funding over 1 round. Sui Foundation has 11 institutional investors.
Here is the list of recent funding rounds of Sui Foundation:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 03, 2023 | 8160542 | ICO | 6006781 | 8907268 | 9855398 | 2570877 |
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Sui Foundation's founders and board of directors
Founder? Claim ProfileThe founders of Sui Foundation are Evan Cheng, Sam Blackshear, Kostas Chalkias, George Danezis and Adeniyi Abiodun. Evan Cheng is the CEO of Sui Foundation.
Here are the details of Sui Foundation's key team members:
- Evan Cheng: Co-Founder & CEO of Sui Foundation and founder of 1 other company. They are also an angel investor in 2 startups.Contact Info: 2 email addresses
- Sam Blackshear: Co-Founder & CTO of Sui Foundation and founder of 1 other company. Contact Info: 1 email address
- Kostas Chalkias: Co-Founder, Chief Cryptographer of Sui Foundation.
- George Danezis: Co-Founder of Sui Foundation.
- Adeniyi Abiodun: Co-Founder of Sui Foundation.
View details of Sui Foundation's Founder profiles and Board Members
Sui Foundation's employee count trend
Sui Foundation has 190 employees as of Jul 26. Here is Sui Foundation's employee count trend over the years:
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Sui Foundation's Competitors and alternates
Top competitors of Sui Foundation include Consensys, Alchemy and IoTeX. Here is the list of Top 10 competitors of Sui Foundation, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 80/100 | |
2nd |  Alchemy 2013, San Francisco (United States), Series C | Provider of complete blockchain developer platform | $564M | 78/100 | |
3rd | IoTeX 2017, Tortola (United Kingdom), Series A | Developer of blockchain infrastructure for real world artificial intelligence | $50M | 77/100 | |
4th | Digital Asset 2014, New York City (United States), Series F | Provider of Canton Network, the public blockchain with institutional-grade privacy for tokenized real-world assets | $817M | 72/100 | |
5th | Sui Foundation 2022, Cayman Islands, Funding Raised | Developer of Layer 1 blockchain and smart contract development platform | - | 67/100 | |
6th | Developer of blockchain infrastructure and digital asset management software applications | $70M | 63/100 | ||
7th |  Spydra 2021, Austin (United States), Seed | API driven Decentralization-as-a-Service platform | $1.86M | 61/100 | |
8th | Galxe 2021, San Mateo (United States), Series A | Web3 credential data network | $10M | 60/100 | |
9th | Blockchain-based platform for NFT and Defi application development | - | 60/100 | ||
10th |  Lisk 2016, Zug (Switzerland), Funding Raised | Blockchain-based application development platform for entrepreneurs and developers | - | 60/100 |
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Sui Foundation's Investments and acquisitions
Sui Foundation has not made any acquisitions yet. Sui Foundation has made 16 investments.Here is the list of latest three $investments:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 09, 2026 | Investments | 2024 | ||
Nov 04, 2025 | Investments | New York (United States) | ||
Oct 22, 2025 | Investments | 2023 | New York City (United States) |
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Reports related to Sui Foundation
Here is the latest report on Sui Foundation's sector:
News related to Sui Foundation
Filter this listMedia has covered Sui Foundation for a total of 45 events in the last 1 year, 24 of them have been about company updates and 11 about partnerships.
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Phantom Wallet to End Support for Sui Blockchain on September 24CryptoSlate•Aug 26, 2026•Sui Foundation
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tZERO partners with Sui to integrate institutional-grade digital asset securitiesGlobeNewswire•Aug 25, 2026•Sui Foundation, tZERO
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SUI Faces $15 Million in Daily Unlocks as BEAT Leads This Week’s $81 Million Token Release WaveBitcoin Ethereum News•Jul 29, 2026•Sui Foundation
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Sui (SUI) Price Prediction: AI-Powered Scribble DAO Launch Adds Momentum as Analysts Target $1 on Break Above $0.77Bitcoin Ethereum News•Jul 08, 2026•Sui Foundation
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Hashi Expands Institutional Reach as Sui Prepares July LaunchThe Crypto Times•Jun 23, 2026•Sui Foundation, SwissBorg
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Sui Blockchain Sees Transaction Growth with Gasless Stablecoin StrategyCointrust•Jun 14, 2026•Sui Foundation
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Sui Adds Confidential Transfers for Private Crypto PaymentsThe Crypto Times•Jun 05, 2026•Sui Foundation
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SUI Drops Sharply After Sui Network Reports Mainnet StallThe Crypto Times•May 28, 2026•Sui Foundation
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