GenLayer

Barcelona, Spain Founded: 2023 • Age: 3 yrs
AI-powered smart contracts are utilized for decentralized applications.

About GenLayer

GenLayer is a company based in Barcelona (Spain) founded in 2023 by Edgars Nemse, Jose Maria Lago, and Albert Castellana Lluis. It operates as a AI-as-a-Service, and Blockchain-as-a-Service. GenLayer has raised $7.5 million across 1 funding round from investors including North Island Ventures, Node and Arrington Capital. GenLayer offers products and services including Intelligent Contracts and Synthetic Jurisdiction. GenLayer operates in a competitive market with competitors including Symbiont, Fantom, Raiinmaker, 0G Labs and Avalanche, among others.

  • Headquarter Barcelona, Spain
  • Founders Edgars Nemse, Jose Maria Lago, Albert Castellana Lluis
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Genlayerlabs Inc.
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Technology → Blockchain, Web3 & Digital Assets
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $7.5 M (USD), Seed

    Aug 20, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of GenLayer

GenLayer offers a comprehensive portfolio of products and services, including Intelligent Contracts and Synthetic Jurisdiction. 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.

Primary

AI-native contracts with natural language reasoning are provided.

Decentralized digital court for dispute resolution is offered.

Funding Insights of GenLayer

GenLayer has successfully raised a total of $7.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.5 million completed in August 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 Rounds 1
  • Last Round Seed — $7.5M
  • First Round

    (20 Aug 2024)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2024 Amount Seed - GenLayer Valuation North Island Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GenLayer

GenLayer has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include North Island Ventures, Node and Arrington Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on the cryptocurrencies sector
Founded Year Domain Location
Venture capital firm focused on digital assets and web3
Founded Year Domain Location
A global syndicate of web3 investors is operated.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GenLayer

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GenLayer

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Genlayer Comparisons

Employees
+
Add Comparison
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Competitors of GenLayer

GenLayer 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, Raiinmaker, 0G Labs and Avalanche, 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
Smart contract platform
domain founded_year HQ Location
Smart contract platform for digital assets and dApps is maintained.
domain founded_year HQ Location
Decentralized AI platform enables user contributions to model development.
domain founded_year HQ Location
An AI-based programmable layer for dApps development is provided.
domain founded_year HQ Location
Smart contracts platform for decentralized application development is provided.
domain founded_year HQ Location
Blockchain network platform is provided for development and transactions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Genlayer

Frequently Asked Questions about GenLayer

When was GenLayer founded?

GenLayer was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is GenLayer located?

GenLayer is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.

Who is the current CEO of GenLayer?

Albert Castellana Lluis is the current CEO of GenLayer. They have also founded this company.

Is GenLayer a funded company?

GenLayer is a funded company, having raised a total of $7.5M across 1 funding round to date. The company's 1st funding round was a Seed of $7.5M, raised on Aug 20, 2024.

What does GenLayer do?

GenLayer is established as a synthetic jurisdiction and AI-native trust layer on-chain, where validator nodes powered by diverse AI models reach consensus on subjective decisions. Operations are focused on resolving disputes and enforcing digital contracts without traditional courts or oracles. Solutions include Intelligent Contracts that interpret natural language, process unstructured data, and integrate live web inputs. The platform supports autonomous systems in transacting, governing, and settling decisions at machine speed. Use cases such as autonomous escrow services, instant marketplace arbitration, and AI-governed DAOs are facilitated across various decentralized applications.

Who are the top competitors of GenLayer?

GenLayer's top competitors include Fantom, 0G Labs and Avalanche.

What products or services does GenLayer offer?

GenLayer offers Intelligent Contracts and Synthetic Jurisdiction.

Who are GenLayer's investors?

GenLayer has 14 investors. Key investors include North Island Ventures, Node, Arrington Capital, Zero Knowledge Ventures, and WAGMI Ventures.

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