About Bitfinity Network
Bitfinity Network is a company based in London (United Kingdom) founded in 2021 by Max Chamberlin and Alessandro Rietmann. Bitfinity Network has raised $7 million across 1 funding round from investors including Polychain, ParaFi and Warburg Serres. Bitfinity Network offers products and services including BitFusion SDK, Bitfinity Wallet, and Block Explorer. Bitfinity Network operates in a competitive market with competitors including Blockstream, Boba, Orbs, Gnosis and Lightning Labs, among others.
- Headquarter London, United Kingdom
- Founders Max Chamberlin, Alessandro Rietmann
- SectorsTechnology
- Website bitfinity.network
- Social LinkedIn X
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Series A
Jan 2024
- InvestorsPolychain
& 4 more
Products & Services of Bitfinity Network
Bitfinity Network offers a comprehensive portfolio of products and services, including BitFusion SDK, Bitfinity Wallet, and Block Explorer.
Transfers tokens across blockchains like Bitcoin and Ethereum.
Manages NFTs and tokens for secure crypto storage.
Views and explores transactions on the Bitfinity network.
Funding Insights of Bitfinity Network
Bitfinity Network has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in January 2024. 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 $7M
- Total Rounds 1
- Last Round Series A — $7M
- First Round $7M
(Jan 2024)
- Investors Count 5
All 1 funding rounds of Bitfinity Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
5 investors in total: 5 institutional.
Investors in Bitfinity Network
Bitfinity Network has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Polychain, ParaFi and Warburg Serres.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are focused on crypto and tech companies by ParaFi. | 2018 | parafi.com | Greenwich, United States | |
Blockchain projects are funded by Warburg Serres venture capital. | – | warburgserres.com | San Francisco, United States | |
Seed and early-stage US tech/offline companies are invested in. | – | draftvc.com | San Francisco, United States | |
Investments in cryptocurrency and blockchain assets are managed by Polychain. | 2016 | polychain.capital | San Francisco, United States | |
Provides blockchain validation and staking for decentralized networks. | 2017 | dokia.capital | Bucharest, Romania |
Investor details for Bitfinity Network
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People of Bitfinity Network
2 people are tracked at Bitfinity Network (2 in leadership).
| Name | Role | Group |
|---|---|---|
Max Chamberlin | Co-Founder & CEO | Leadership |
Alessandro Rietmann | Co-Founder | Leadership |
Complete people profiles for Bitfinity Network
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Bitfinity Network
2 dated milestones of Bitfinity Network across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Bitfinity Network is founded.
- Funding First funding round of $7.0M.
Competitors of Bitfinity Network
Bitfinity Network 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 Blockstream, Boba, Orbs, Gnosis and Lightning Labs, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blockstream.com | 2014 | Montreal, Canada | $651.07M | 100 | Blockchain-based platform is developed for crypto-financial infrastructure. | |
| boba.network | 2021 | Palo Alto, United States | $45M | – | Decentralized network platform for Ethereum | |
| orbs.com | 2017 | Tel Aviv, Israel | $15.4M | – | Infrastructure as a service via virtual chains | |
| gnosis.io | 2015 | Gibraltar | $500,000 | – | Multiple cryptocurrency financial services are provided via decentralized platforms. | |
| lightning.engineering | 2016 | San Francisco, United States | $82.5M | – | Software for the Lightning Network is developed by Lightning Labs. | |
| horizenlabs.io | 2018 | Austin, United States | $11M | – | Blockchain infrastructure for sidechain applications is provided. | |
| aventus.io | 2016 | London, United Kingdom | – | 17 | Blockchain tickets are issued, transferred, and traded via Ethereum protocol. | |
| horizen.io | 2017 | Delaware, United States | – | – | Provides cryptocurrency and sidechain platform |
Detailed competitors of Bitfinity Network
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- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Bitfinity Network
The website of Bitfinity Network (bitfinity.network) receives about 5.1K visits a month.
- Monthly visits5.1K
▲ 42% vs previous month
Websites whose visitors overlap most with Bitfinity Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| everstake.one | 100% | 82.6K | #410,513 | View details |
Latest news on Bitfinity Network
Complete news archive for Bitfinity Network
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Bitfinity Network
10 companies that operate in the same segment as Bitfinity Network (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about Bitfinity Network
Bitfinity Network was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Bitfinity Network is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Max Chamberlin is the current CEO of Bitfinity Network. They have also founded this company.
Bitfinity Network is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Jan 2024.
Bitfinity Network was founded in 2021 in London, United Kingdom, within the blockchain sector. EVM infrastructure is provided for the Internet Computer, with research and development focused on cross-chain wallets. Support is extended to Bitcoin and EVM-based chains, including exchanges and automated market-making activities. Operations are conducted entirely on the Internet Computer platform.
Bitfinity Network's top competitors include Blockstream, Boba and Orbs.
Bitfinity Network offers BitFusion SDK, Bitfinity Wallet, and Block Explorer.
Bitfinity Network has 5 investors. Key investors include Polychain, ParaFi, Warburg Serres, DOKIA CAPITAL, and Draft Ventures.