About Mina Protocol
Mina Protocol is a company based in San Francisco (United States) founded in 2018 by Evan Shapiro. It operates as a Blockchain-as-a-Service. Mina Protocol has raised $19.5 million across 3 funding rounds from investors including Coinbase, Polychain and MetaStable Capital. Mina Protocol offers products and services including zkApps and Mina Blockchain. Mina Protocol operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Headquarter San Francisco, United States
- Founders Evan Shapiro
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Mina Foundation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.5 M (USD)
in 3 rounds
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Latest Funding Round
$18.75 M (USD), Token Sale
Apr 16, 2021
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Investors
Coinbase
& 6 more
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Employee Count
Employee Count
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Products & Services of Mina Protocol
Mina Protocol offers a comprehensive portfolio of products and services, including zkApps and Mina Blockchain. 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.
Zero-knowledge apps are developed for privacy and scalability.
Lightweight blockchain is provided for secure, verifiable applications.
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Funding Insights of Mina Protocol
Mina Protocol has successfully raised a total of $19.5M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $18.75 million completed in April 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 Funding
- Total Rounds 3
- Last Round Token Sale — $18.8M
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First Round
First Round
(01 May 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Token Sale - Mina Protocol | Valuation |
investors |
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| Apr, 2019 | Amount | Series A - Mina Protocol | Valuation | Accomplice , Coinbase | |
| May, 2018 | Amount | Seed - Mina Protocol | Valuation |
investors |
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| 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 |
Investors in Mina Protocol
Mina Protocol has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinbase, Polychain and MetaStable 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.
| Investor | Description | Founded Year | Domain | Location |
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Accomplice is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Cryptocurrency investment firm
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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 Mina Protocol
| 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 - Mina Protocol
| 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 |
Mina Protocol Comparisons
Competitors of Mina Protocol
Mina Protocol 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, 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 |
Developer of blockchain and web3 software platform
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| domain | founded_year | HQ Location |
Mobile app for storing and trading cryptocurrencies is utilized.
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| domain | founded_year | HQ Location |
App-based wallet and exchange platform for cross-border money transfers
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| domain | founded_year | HQ Location |
Digital wallet for Bitcoin assets
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| domain | founded_year | HQ Location |
Crypto trading, loans, interest accounts, and wallets are offered online.
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| domain | founded_year | HQ Location |
App-based trading and deposit solutions for cryptocurrency are provided.
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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 Mina Protocol
Frequently Asked Questions about Mina Protocol
When was Mina Protocol founded?
Mina Protocol was founded in 2018.
Where is Mina Protocol located?
Mina Protocol is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Mina Protocol?
Evan Shapiro is the current CEO of Mina Protocol. They have also founded this company.
Is Mina Protocol a funded company?
Mina Protocol is a funded company, having raised a total of $19.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on May 01, 2018.
What does Mina Protocol do?
A lightweight blockchain infrastructure is provided by Mina Protocol for secure and private decentralized applications. Focus is placed on zero-knowledge proofs to ensure scalability, privacy, and verifiability. Sectors such as DeFi, gaming, and identity are targeted through zkApps, which enable off-chain computation and programmable privacy. Solutions are designed to lower participation barriers, enhancing decentralization with minimal resource requirements.
Who are the top competitors of Mina Protocol?
What products or services does Mina Protocol offer?
Mina Protocol offers zkApps and Mina Blockchain.
Who are Mina Protocol's investors?
Mina Protocol has 7 investors. Key investors include Coinbase, Polychain, MetaStable Capital, PDGM, and Accomplice.
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