Nervos Network

Hangzhou, China Founded: 2018 • Age: 8 yrs
Interoperable protocols for decentralized applications are provided by Nervos Network.
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About Nervos Network

Nervos Network is a company based in Hangzhou (China) founded in 2018.. Nervos Network has raised $28 million across 2 funding rounds from investors including imToken, Multicoin Capital and Polychain. Nervos Network offers products and services including CKB and Axon. Nervos Network operates in a competitive market with competitors including KardiaChain, QANplatform, Infinity Exchange, Zenith Chain and LTO Network, among others.

  • Headquarter Hangzhou, China
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nervos Foundation
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $28 M (USD)

    in 2 rounds

  • Latest Funding Round
    $69.49 M (USD), Token Sale

    Oct 25, 2019

  • Investors
    imToken

    & 12 more

  • Employee Count
    Employee Count
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Products & Services of Nervos Network

Nervos Network offers a comprehensive portfolio of products and services, including CKB and Axon. 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.

Primary

Provides secure Layer 2 solution for Bitcoin scalability and programmability.

Enables creation of custom EVM-compatible sidechains for high throughput.

People of Nervos Network
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Kevin Wang
Co-Founder
People
Cipher Wang
Researcher
People
Terry Tai
CEO & Director
People
Jan Xie
Architect & Researcher

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Funding Insights of Nervos Network

Nervos Network has successfully raised a total of $28M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $69.49 million completed in October 2019. 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 — $69.5M
  • First Round

    (18 Jul 2018)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Token Sale - Nervos Network Valuation

investors

Jul, 2018 Amount Series A - Nervos Network Valuation Sequoia Capital , Wanxiang
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 Nervos Network

Nervos Network has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include imToken, Multicoin Capital and Polychain. 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
Investor Description Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
Founded Year Domain Location
Venture capital firm investing in the blockchain sector
Founded Year Domain Location
Multiple sectors are invested in by this venture capital firm.
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 Nervos Network

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 - Nervos Network

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

Nervos Network Comparisons

Employees
+
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Competitors of Nervos Network

Nervos Network 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 KardiaChain, QANplatform, Infinity Exchange, Zenith Chain and LTO Network, 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
Hybrid blockchain infrastructure is offered for enterprises and governments.
domain founded_year HQ Location
Hybrid blockchain network for quantum-resistant smart contracts is provided.
domain founded_year HQ Location
Online platform for lending and borrowing for institutions and traders
domain founded_year HQ Location
Blockchain interoperability network for asset transfers and payments is facilitated.
domain founded_year HQ Location
Cloud & blockchain enabled data privacy software
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 Nervos Network

Frequently Asked Questions about Nervos Network

When was Nervos Network founded?

Nervos Network was founded in 2018.

Where is Nervos Network located?

Nervos Network is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.

Is Nervos Network a funded company?

Nervos Network is a funded company, having raised a total of $28M across 2 funding rounds to date. The company's 1st funding round was a Series A of $28M, raised on Jul 18, 2018.

What does Nervos Network do?

Nervos Network was founded in 2018 in Hangzhou, China, within the blockchain sector. Protocols for decentralized applications are developed on an open network, using a layered architecture that includes a secure Layer 1 public chain and a Layer 2 application chain. Enterprises are supported in building and deploying dApps via a hybrid model, which integrates public blockchain elements without requiring full tech stack commitment to the chain.

Who are the top competitors of Nervos Network?

Nervos Network's top competitors include QANplatform, KardiaChain and Zenith Chain.

What products or services does Nervos Network offer?

Nervos Network offers CKB and Axon.

Who are Nervos Network's investors?

Nervos Network has 13 investors. Key investors include imToken, Multicoin Capital, Polychain, FBG Capital, and Bixin.

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