About Chainspace
Chainspace is a company based in Gibraltar (Gibraltar) founded in 2018 by Alberto Sonnino, Dave Hrycyszyn, Shehar Bano, and George Danezis was acquired by Facebook in February 2019.. Chainspace operates in a competitive market with competitors including Symbiont, Fantom, Avalanche, 5ire and Sui Foundation, among others.
- Headquarter Gibraltar, Gibraltar
- Founders Alberto Sonnino, Dave Hrycyszyn, Shehar Bano, George Danezis
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Chainspace
| 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 Chainspace
Chainspace has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Facebook. 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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Online social networking and communication services are provided globally.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Chainspace
| 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 - Chainspace
| 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 |
Chainspace Comparisons
Competitors of Chainspace
Chainspace 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 Symbiont, Fantom, Avalanche, 5ire and Sui Foundation, 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 |
Smart contract platform
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Smart contract platform for digital assets and dApps is maintained.
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Smart contracts platform for decentralized application development is provided.
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| domain | founded_year | HQ Location |
Blockchain network platform is provided for development and transactions.
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Layer 1 blockchain and smart contract platform is developed.
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| domain | founded_year | HQ Location |
Blockchain-as-a-service platform with smart contracts is provided for industrial networks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Chainspace
Frequently Asked Questions about Chainspace
When was Chainspace founded?
Chainspace was founded in 2018.
Where is Chainspace located?
Chainspace is headquartered in Gibraltar, Gibraltar.
What does Chainspace do?
Chainspace was founded in 2018 in Gibraltar, where decentralized infrastructure for sharded smart contracts is being developed within the blockchain sector. Operations are supported by the Sharded Byzantine Atomic Commit (S-BAC) protocol, enabling multiple parallel chains. Consensus is achieved through the Blockmania algorithm, which relies on a directed acyclic graph (DAG) structure for scalability and efficiency in distributed environments.
Who are the top competitors of Chainspace?
Chainspace's top competitors include Fantom, Avalanche and Data Gumbo.
Who are Chainspace's investors?
Chainspace has 1 investor. Key investors include Facebook.
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