MXC Foundation

Kingstown, Saint Vincent And The Grenadines Founded: 2018 • Age: 8 yrs
LoRa and blockchain connectivity solutions for IoT applications are provided.
Annual revenue - Latest available
Total funding $10.0M 3 rounds
Employees 16 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About MXC Foundation

MXC Foundation is a company based in Kingstown (Saint Vincent And The Grenadines) founded in 2018. MXC Foundation has raised $10 million across 3 funding rounds from investors including JDI Group and Node Capital. The company has 16 employees as of December 31, 2020. MXC Foundation offers products and services including MXC Token and Moonchain Ecosystem. MXC Foundation operates in a competitive market with competitors including Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.

  • Headquarter Kingstown, Saint Vincent And The Grenadines
  • Employees 16 as on 31 Dec, 2020
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Mxc Foundation Ggmbh
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Feb 26, 2024

  • Investors
    JDI Group

    & 1 more

  • Employee Count
    16

    as on Dec 31, 2020

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Products & Services of MXC Foundation

MXC Foundation offers a comprehensive portfolio of products and services, including MXC Token and Moonchain Ecosystem.

Product name locked
Category locked
Primary

Blockchain token facilitating ecosystem transactions and community support.

Product name locked
Category locked
Locked

Platform for Ethereum's Beam Chain Sublayer and WearFi technology innovations.

People of MXC Foundation

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Aaron Wagener
Web3 Blockchain Contributor

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Teams

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Funding Insights of MXC Foundation

MXC Foundation has successfully raised a total of $10M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in February 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.

Investors in MXC Foundation

MXC Foundation has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include JDI Group and Node Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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JDI Group is engaged in empowering disruptive innovations across Asia.
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Investor details for MXC Foundation

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Investments & Acquisitions by MXC Foundation

Investments
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Investment portfolio details for MXC Foundation

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Financial Statements - MXC Foundation

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Detailed financials for MXC Foundation

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Mxc Foundation Comparisons

MXC Foundation Primary company
Description
LoRa and blockchain connectivity solutions for IoT applicati...
Location
Kingstown, Saint Vincent And The Grenadines
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
16
As of 2020
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Peer comparison for MXC Foundation

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Competitors of MXC Foundation

MXC Foundation 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 Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.

Company Name Domain Founded year HQ Location Description
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Platform offering crypto exchange solutions
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Cryptocurrency trading is facilitated through an online platform.
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App-based platform for exchange and trading solutions for cryptocurrency
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Cryptocurrencies are bought, sold, and exchanged via a mobile app.
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Online exchange platform for cryptocurrencies
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Online platform for crypto exchange
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Detailed competitors of MXC Foundation

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Latest news on Mxc Foundation

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Complete news archive for MXC Foundation

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Frequently Asked Questions about MXC Foundation

MXC Foundation was founded in 2018.

MXC Foundation is headquartered in Kingstown, Saint Vincent And The Grenadines.

Sheen Xin Hu is the current CEO of MXC Foundation.

MXC Foundation is a funded company, having raised a total of $10M across 3 funding rounds to date.

As of Dec 31, 2020, the latest employee count at MXC Foundation is 16.

MXC Foundation was founded in 2018 and is located in Kingstown, Saint Vincent and the Grenadines. Operations focus on the IoT sector, where LoRa and blockchain technologies are integrated into connectivity platforms. Device-to-device information exchange is enabled, along with micro-payments in LPWAN infrastructure sourced from third-party sensors. Automated machine-to-machine transactions via blockchain are also supported.

MXC Foundation's top competitors include Blockchain, Gemini and FTX.

MXC Foundation offers MXC Token and Moonchain Ecosystem.

MXC Foundation has 2 investors. Key investors include JDI Group, and Node Capital.

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