Iagon

Hamar, Norway Founded: 2017 • Age: 9 yrs
Decentralized supercomputing is enabled via AI and blockchain technologies.
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About Iagon

Iagon is a company based in Hamar (Norway) founded in 2017 by Navjit Dhaliwal.. Iagon has raised $3.4 million across 2 funding rounds from investors including PANONY, Launchpool and Ledgerlink Labs. The company has 1 employees as of December 31, 2020. Iagon operates in a competitive market with competitors including Hewlett Packard Enterprise, Cornami, Luminous, UPMEM and Linux Networx, among others.

  • Headquarter Hamar, Norway
  • Employees 1 as on 31 Dec, 2020
  • Founders Navjit Dhaliwal
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
    $16.01 K (USD)
    -41
    as on Dec 31, 2020
  • Net Profit
    $-728.7 K (USD)
    -587
    as on Dec 31, 2021
  • EBITDA
    $-728.7 K (USD)
    -587
    as on Dec 31, 2021
  • Total Equity Funding
    $3.4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.49 M (USD), Token Sale

    Jul 26, 2021

  • Investors
    PANONY

    & 12 more

  • Employee Count
    1

    as on Dec 31, 2020

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People of Iagon
Headcount 10-50
Employee Profiles 5
Board Members and Advisors 2
Employee Profiles
People
Elad Harison
COO
People
Navjit Dhaliwal
CEO
People
Henry Nguyen
Chief Marketing Officer
People
Pavlo Babenko
Marketing Director

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Board Members and Advisors
people
Claudio Lima
Co-Founder
people
Darren Camas
Advisor

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Funding Insights of Iagon

Iagon has successfully raised a total of $3.4M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $3.49 million completed in July 2021. 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 2
  • Last Round Token Sale — $3.5M
  • First Round

    (30 Jun 2021)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Token Sale - Iagon Valuation

investors

Jun, 2021 Amount Seed - Iagon Valuation Ledgerlink Labs
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 Iagon

Iagon has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include PANONY, Launchpool and Ledgerlink 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Blockchain sectors are targeted for investments by AU21 Capital.
Founded Year Domain Location
Early-stage blockchain projects are targeted for investment by Genblock Capital.
Founded Year Domain Location
Offers blockchain development services, including smart contracts and DLT solutions.
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 Iagon

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 - Iagon

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

Iagon Comparisons

Employees
+
Add Comparison
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Competitors of Iagon

Iagon 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 Hewlett Packard Enterprise, Cornami, Luminous, UPMEM and Linux Networx, 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
HPC solutions are delivered via supercomputers and storage systems.
domain founded_year HQ Location
AI-powered microprocessors are supplied for parallel computing tasks.
domain founded_year HQ Location
AI-based supercomputers are built via a specialized platform.
domain founded_year HQ Location
Processing units are embedded in DRAM for data-intensive applications.
domain founded_year HQ Location
Linux-based high-performance computing solutions are architected and supported.
domain founded_year HQ Location
High-performance systems are developed for XML web services acceleration.
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 Iagon

Frequently Asked Questions about Iagon

When was Iagon founded?

Iagon was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is Iagon located?

Iagon is headquartered in Hamar, Norway. It is registered at Hamar, Innlandet, Norway.

Who is the current CEO of Iagon?

Navjit Dhaliwal is the current CEO of Iagon. They have also founded this company.

Is Iagon a funded company?

Iagon is a funded company, having raised a total of $3.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.4M, raised on Jun 30, 2021.

How many employees does Iagon have?

As of Dec 31, 2020, the latest employee count at Iagon is 1.

What is the annual revenue of Iagon?

Annual revenue of Iagon is $16.01K as on Dec 31, 2020.

What does Iagon do?

Iagon was founded in 2017 in Hamar, Norway, as a decentralized platform in the blockchain and AI sectors. Supercomputing solutions are offered by aggregating users processing power and storage resources. Smart contracts are utilized to facilitate resource sharing, with rewards distributed to participants. Operations focus on creating accessible computing infrastructure without centralized control.

Who are the top competitors of Iagon?

Iagon's top competitors include Hewlett Packard Enterprise, Cornami and Luminous.

Who are Iagon's investors?

Iagon has 13 investors. Key investors include PANONY, Launchpool, Ledgerlink Labs, Blockchain Israel, and Coins Group.

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