
About Merit Circle
Merit Circle is a Technology company based in Amsterdam (Netherlands) founded in 2021. It operates as a developer of metaverse PC based games. It operates in the Technology, Media & Entertainment, and Financial Services sectors. Merit Circle has raised $4.5 million across 3 funding rounds from investors including GMoney, Yield Guild Games and DSM Corridor. Its chief executive is Marco van den Heuvel. Merit Circle offers products and services including Swap, Bridge, OS, Sphere, and Apps. Its focus areas include Gaming, PC & Console Gaming, Game Developers and Web Games. Its competitors include Yield Guild, IndiGG, Cross The Ages, Illuvium and W3GG and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Merit Circle was founded in 2021 in Amsterdam, Netherlands, within the gaming sector focused on metaverse environments. PC-based games including Star Atlas, Illuvium, Hash Rush, and Axie Infinity are developed by the company. Operations also encompass the creation of a platform to support multiple metaverse games, facilitating integration and accessibility across digital ecosystems.
- Headquarters Amsterdam, Netherlands
- SectorsTechnologyMedia & Entertainment Financial Services
- Website meritcircle.io
- Social LinkedIn X Facebook
- Total Equity Funding$4.5M (USD)
in 3 rounds
- InvestorsGMoney
& 17 more
Products & Services of Merit Circle
Merit Circle offers a comprehensive portfolio of products and services, including Swap, Bridge, OS, Sphere, and Apps.
App for secure token swapping in blockchain ecosystems.
Service to link different blockchain networks for data transfer.
Blockchain-based OS supporting gaming and application development.
Environment for immersive blockchain gaming experiences.
Collection of blockchain apps for user interactions and resources.
Funding Insights of Merit Circle
Merit Circle has successfully raised a total of $4.5M across 3 strategic funding rounds. 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 $4.5M
- Total Rounds 3
- First Round $4.5M
(Oct 2021)
- Investors Count 18
All 3 funding rounds of Merit Circle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | – | Seed | β | Maven 11 | β |
| Nov 2021 | $105.66M | Token Sale | β | β | β |
| Oct 2021 | $4.5M | Seed | β | DeFiance Capital, Mechanism Capital |
18 investors in total: 11 institutional and 7 angel.
Investors in Merit Circle
Merit Circle has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include GMoney, Yield Guild Games and DSM Corridor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided to tech startups by Maven 11. | – | maven11.com | Amsterdam, Netherlands | |
Crypto-native investment firm focusing on Web3, DeFi, gaming, and infrastructure assets globally. | – | defiance.capital | - | |
Advisory, venture capital, and startup services for blockchain are provided. | – | spartangroup.io | Singapore, Singapore | |
Blockchain startups are targeted for investments by OP Crypto. | 2021 | opcrypto.vc | New York, United States | |
Venture capital fund focused on blockchain and multiple sectors | – | bitscale.vc | - | |
Blockchain development services are provided by Mechanism Capital to clients. | – | mechanism.capital | - | |
Integrated logistics and cargo handling services are provided. | 2004 | dsmcorridor.com | - | |
Private equity firm focused on multiple sectors | – | dialectic.ch | Zug, Switzerland | |
A fund is managed to support blockchain technology advancement. | – | citizenx.co | - | |
Cryptocurrency trading bots are offered via an online platform. | 2021 | yield-guild-games.com | Tunisia |
Investor details for Merit Circle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Merit Circle
1 people are tracked at Merit Circle (1 in leadership).
| Name | Role | Group |
|---|---|---|
Marco van den Heuvel | CEO | Leadership |
Complete people profiles for Merit Circle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Merit Circle
3 dated milestones of Merit Circle, from founding to its latest funding, stage changes and deals.
- Founded Merit Circle is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Seed,.
Competitors of Merit Circle
Merit Circle has 8 listed competitors in our database, 7 of them funded. They include Yield Guild, IndiGG, Cross The Ages, Illuvium and W3GG, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yieldguild.io | 2020 | Zug, Switzerland | $18.4M | – | Play-to-earn gaming guilds are facilitated for blockchain-based NFT games. | |
| indi.gg | 2021 | Bengaluru, India | $6M | 49 | Online community-based gaming platform | |
| crosstheages.com | 2021 | Marseille, France | $15.5M | – | Developer of NFT-based PC games | |
| illuvium.io | 2020 | Sydney, Australia | $27M | – | NFT-focused open-world RPGs are developed on blockchain. | |
| w3gg.io | 2021 | Taipei, Taiwan | – | – | Guild partnerships for blockchain and NFT games are facilitated. | |
| avocadodao.io | 2021 | Sydney, Australia | $18M | – | Digital games are traded using NFTs on a blockchain platform. | |
| heroesempires.com | 2021 | Kingstown, Saint Vincent And The Grenadines | $1.5M | – | Blockchain marketplace for games and digital collectibles is provided. | |
| readyplayerdao.xyz | 2021 | San Juan, Puerto Rico | $10.2M | – | Provider of an online gaming platform for playing PC games |
Detailed competitors of Merit Circle
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Top companies in Blockchain & Decentralized Infrastructure
10 companies that operate in the same segment as Merit Circle (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, Ile de France, France | USD 575.4 M | – | 802 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | 708 | |
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 997.58 M | USD 101.34 M | 307 | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | 166 | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 563.9 M | – | 366 | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | 151 |
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Related news about Merit Circle
Complete news archive for Merit Circle
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Frequently Asked Questions about Merit Circle
Merit Circle was founded in 2021.
Merit Circle is headquartered in Amsterdam, Netherlands.
Marco van den Heuvel is the current CEO of Merit Circle.
Merit Circle is a funded company, having raised a total of $4.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Oct 2021.
Merit Circle was founded in 2021 in Amsterdam, Netherlands, within the gaming sector focused on metaverse environments. PC-based games including Star Atlas, Illuvium, Hash Rush, and Axie Infinity are developed by the company. Operations also encompass the creation of a platform to support multiple metaverse games, facilitating integration and accessibility across digital ecosystems.
Merit Circle's top competitors include Yield Guild, IndiGG and Avocado DAO.
Merit Circle offers Swap, Bridge, OS, Sphere, and Apps.
Merit Circle has 18 investors. Key investors include GMoney, Yield Guild Games, DSM Corridor, OP Crypto, and Maven 11.
