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 646 active competitors, including 127 funded and 13 that have exited. Its top competitors include companies like Alchemy, IoTeX and Consensys.
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 646 active competitors
Employee Count
185 as on Sep 30, 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 | 9195624 | ICO | 1944160 | 9991102 | 2941762 | 1902250 |
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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 185 employees as of Sep 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 Alchemy, IoTeX and Consensys. 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 |  Alchemy 2013, San Francisco (United States), Series C | Provider of complete blockchain developer platform | $564M | 79/100 | |
2nd | IoTeX 2017, Tortola (United Kingdom), Series A | Developer of blockchain infrastructure for real world artificial intelligence | $50M | 77/100 | |
3rd |  Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 75/100 | |
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 | 74/100 | |
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 | API driven Decentralization-as-a-Service platform | $2.81M | 62/100 | ||
8th |  Lisk 2016, Zug (Switzerland), Funding Raised | Blockchain-based application development platform for entrepreneurs and developers | - | 61/100 | |
9th |  TOP 2022, Dubai (United Arab Emirates), Series A | Developer of blockchain infrastructure and software tools for message applications | $70M | 60/100 | |
10th | Galxe 2021, San Mateo (United States), Series A | Web3 credential data network | $10M | 60/100 |
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Sui Foundation's Investments and acquisitions
Sui Foundation has not made any acquisitions yet. Sui Foundation has made 18 investments.Here is the list of latest three $investments:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 12, 2026 | Investments | - | ||
Sep 22, 2026 | Investments | - | ||
Apr 09, 2026 | Investments | 2024 |
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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 43 events in the last 1 year, 24 of them have been about company updates and 8 about partnerships.
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Sui Foundation Invests $30 Million in DATA Network for AI Data Protocol MigrationCryptocurrency•Oct 12, 2026•Sui Foundation, The Data Foundation, Walrus, Data Network
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Hashi Mainnet Launch Backed by $500M Capital, Adds Anchorage DigitalThe Daily Hodl•Oct 08, 2026•Sui Foundation
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Sui Network Achieves 40.6 Million Transactions Per Second in Basecamp Test, Awaiting CertiK ReviewThe Crypto Times•Oct 07, 2026•Sui Foundation
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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 Foundation Buyback Programme Grows but Impact Remains LimitedHeadtopics•Aug 03, 2026•Sui Foundation
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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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