About Beldex
Beldex is a company based in Kuala Lumpur (Malaysia) founded in 2017.. Beldex has raised $28 million across 2 funding rounds from investors including Block Alpha and DWF Labs. Beldex operates in a competitive market with competitors including Binance, Solana, Ankr, Mysten Labs and O(1) Labs, among others.
- Headquarter Kuala Lumpur, Malaysia
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Series B
Oct 13, 2023
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Investors
Block Alpha
& 1 more
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Employee Count
Employee Count
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Sales and Marketing
2 people
Software Development Team
2 people
Leadership Team
1 people
Blockchain Team
1 people
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Funding Insights of Beldex
Beldex has successfully raised a total of $28M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $3.0M
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First Round
First Round
(21 Feb 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series B - Beldex | Valuation | Block Alpha |
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| Feb, 2023 | Amount | Series B - Beldex | Valuation | DWF Labs |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Beldex
Beldex has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Block Alpha and DWF Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm investing in web3 technology startups
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Founded Year | Domain | Location | |
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Offers algorithmic liquidity and services for crypto projects' market stability.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Beldex
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Beldex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Beldex Comparisons
Competitors of Beldex
Beldex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Binance, Solana, Ankr, Mysten Labs and O(1) Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online exchange platform for cryptocurrency
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| domain | founded_year | HQ Location |
Blockchain infrastructure for transactions and counting is provided by Solana.
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| domain | founded_year | HQ Location |
Web3-native infrastructure for blockchain development and decentralization is provided.
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| domain | founded_year | HQ Location |
Web3 infrastructure solutions are offered via a blockchain platform.
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| domain | founded_year | HQ Location |
Provider of a blockchain network
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| domain | founded_year | HQ Location |
Blockchain infrastructure is offered for financial application development.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Beldex
Frequently Asked Questions about Beldex
When was Beldex founded?
Beldex was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Where is Beldex located?
Beldex is headquartered in Kuala Lumpur, Malaysia.
Who is the current CEO of Beldex?
Kim Hallend is the current CEO of Beldex.
Is Beldex a funded company?
Beldex is a funded company, having raised a total of $28M across 2 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Feb 21, 2023.
What does Beldex do?
Beldex was founded in 2017 in Kuala Lumpur, Malaysia, within the blockchain sector. A network ecosystem is offered, featuring zero-knowledge proofs to support privacy, security, and scalability in decentralized applications. EVM integration is utilized to enable permissionless private smart contracts and Web 3.0 applications. Operations focus on enhancing blockchain infrastructure for developers and users globally.
Who are the top competitors of Beldex?
Beldex's top competitors include Binance, Mysten Labs and Solana.
Who are Beldex's investors?
Beldex has 2 investors. Key investors include Block Alpha, and DWF Labs.