About Botanix Labs
Botanix Labs is a company based in New York (United States) founded in 2023 by Willem Schroe and Alisia Painter. It operates as a B2B, and SaaS. Botanix Labs has raised $11.5 million across 2 funding rounds from investors including Polychain, Placeholder and UTXO Management. Botanix Labs offers products and services including Spiderchain and Aragog Testnet. Botanix Labs operates in a competitive market with competitors including CyberConnect, Lido, Stader, Kiln and RockX, among others.
- Headquarter New York, United States
- Founders Willem Schroe, Alisia Painter
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Sectors
Financial ServicesTechnology
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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
$11.5 M (USD)
in 2 rounds
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Latest Funding Round
$8.5 M (USD), Seed
May 07, 2024
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Investors
Polychain
& 12 more
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Employee Count
Employee Count
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Products & Services of Botanix Labs
Botanix Labs offers a comprehensive portfolio of products and services, including Spiderchain and Aragog Testnet. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Layer 2 solution for Bitcoin scaling and DeFi applications
Live environment for testing Spiderchain features and dApps
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Funding Insights of Botanix Labs
Botanix Labs has successfully raised a total of $11.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $8.5 million completed in May 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 Total Funding
- Total Rounds 2
- Last Round Seed — $8.5M
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First Round
First Round
(01 Jun 2023)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Botanix Labs | Valuation |
investors |
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| Jun, 2023 | Amount | Seed - Botanix Labs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Botanix Labs
Botanix Labs has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Polychain, Placeholder and UTXO Management. 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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Investments are directed toward decentralized information networks by Placeholder.
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location | |
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Investments are made in transformational technology founders by ABCDE.
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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 Botanix Labs
| 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 - Botanix Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Botanix Labs Comparisons
Competitors of Botanix Labs
Botanix Labs 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 CyberConnect, Lido, Stader, Kiln and RockX, 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 |
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| domain | founded_year | HQ Location |
Web3 social network platform
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Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
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| domain | founded_year | HQ Location |
Staking solutions for cryptocurrencies are provided via an online platform.
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Provider of cryptocurrency staking solutions
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Digital staking solutions for cryptocurrencie
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| domain | founded_year | HQ Location |
Liquid staking protocol
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Botanix Labs
Frequently Asked Questions about Botanix Labs
When was Botanix Labs founded?
Botanix Labs was founded in 2023.
Where is Botanix Labs located?
Botanix Labs is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Botanix Labs?
Willem Schroe is the current CEO of Botanix Labs. They have also founded this company.
Is Botanix Labs a funded company?
Botanix Labs is a funded company, having raised a total of $11.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jun 01, 2023.
What does Botanix Labs do?
Botanix Labs creates the Spiderchain, a secure Layer 2 solution on Bitcoin that enables Proof-of-Stake and decentralized finance. It allows developers to deploy EVM-equivalent dApps without altering Bitcoin Core, focusing on forward security and multisig protection for user funds. The platform supports staking and transaction gas using Bitcoin, expanding its ecosystem for innovative applications.
Who are the top competitors of Botanix Labs?
Botanix Labs's top competitors include Lido, Kiln and EigenLayer.
What products or services does Botanix Labs offer?
Botanix Labs offers Spiderchain and Aragog Testnet.
Who are Botanix Labs's investors?
Botanix Labs has 13 investors. Key investors include Polychain, Placeholder, UTXO Management, Valor Equity Partners, and ABCDE.
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