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
TechnologyFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mxc Foundation Ggmbh
-
Annual Revenue
-
Net Profit
-
EBITDA
-
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
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of MXC Foundation
MXC Foundation offers a comprehensive portfolio of products and services, including MXC Token and Moonchain Ecosystem. 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.
Blockchain token facilitating ecosystem transactions and community support.
Platform for Ethereum's Beam Chain Sublayer and WearFi technology innovations.
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $10.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - MXC Foundation | Valuation |
investors |
|
| Oct, 2018 | Amount | Token Sale - MXC Foundation | Valuation |
investors |
|
| Jul, 2018 | Amount | Seed - MXC Foundation | Valuation |
investors |
| 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 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. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
JDI Group is engaged in empowering disruptive innovations across Asia.
|
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 MXC Foundation
| 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 - MXC Foundation
| 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 |
Mxc Foundation Comparisons
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. 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 |
Platform offering crypto exchange solutions
|
|
| domain | founded_year | HQ Location |
Cryptocurrency trading is facilitated through an online platform.
|
|
| domain | founded_year | HQ Location |
App-based platform for exchange and trading solutions for cryptocurrency
|
|
| domain | founded_year | HQ Location |
Cryptocurrencies are bought, sold, and exchanged via a mobile app.
|
|
| domain | founded_year | HQ Location |
Online exchange platform for cryptocurrencies
|
|
| domain | founded_year | HQ Location |
Online platform for crypto exchange
|
| 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 Mxc Foundation
Frequently Asked Questions about MXC Foundation
When was MXC Foundation founded?
MXC Foundation was founded in 2018.
Where is MXC Foundation located?
MXC Foundation is headquartered in Kingstown, Saint Vincent And The Grenadines.
Who is the current CEO of MXC Foundation?
Sheen Xin Hu is the current CEO of MXC Foundation.
Is MXC Foundation a funded company?
MXC Foundation is a funded company, having raised a total of $10M across 3 funding rounds to date.
How many employees does MXC Foundation have?
As of Dec 31, 2020, the latest employee count at MXC Foundation is 16.
What does MXC Foundation do?
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.
Who are the top competitors of MXC Foundation?
MXC Foundation's top competitors include Blockchain, Gemini and FTX.
What products or services does MXC Foundation offer?
MXC Foundation offers MXC Token and Moonchain Ecosystem.
Who are MXC Foundation's investors?
MXC Foundation has 2 investors. Key investors include JDI Group, and Node Capital.