About Nexus
Nexus is a company based in San Francisco (United States) founded in 2022 by Daniel Marin. It operates as a Blockchain-as-a-Service, and AI-as-a-Service. Nexus has raised $27.2 million across 2 funding rounds from investors including Lightspeed Venture Partners, DRAGONFLY and SV Angel. Nexus offers products and services including Nexus Layer 1, Nexus zkVM, and Verifiable AI Lab. Nexus operates in a competitive market with competitors including StarkWare, Immutable, Matter Labs, Scroll and Aleo, among others.
- Headquarter San Francisco, United States
- Founders Daniel Marin
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Sectors
Technology
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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 Nexus Laboratories, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.2 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series A
Jun 10, 2024
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Investors
Lightspeed Venture Partners
& 6 more
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Employee Count
Employee Count
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Products & Services of Nexus
Nexus offers a comprehensive portfolio of products and services, including Nexus Layer 1, Nexus zkVM, and Verifiable AI Lab. 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.
A blockchain platform is built for AI-era computing.
A verifiable machine is powering global supercomputer nodes.
Research is conducted on AI and zero-knowledge tech.
Unlock access to complete
Funding Insights of Nexus
Nexus has successfully raised a total of $27.2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in June 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 2
- Last Round Series A — $25.0M
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First Round
First Round
(01 Jun 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Nexus | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - Nexus | Valuation | DRAGONFLY |
| 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 Nexus
Nexus has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, DRAGONFLY and SV Angel. 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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Venture capital and equity principal services are provided by Dragonfly.
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Founded Year | Domain | Location | |
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Early-stage investments are provided to transformative technology companies.
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Founded Year | Domain | Location | |
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Alliance is recognized as a leading crypto startup accelerator.
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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 Nexus
| 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 - Nexus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Nexus Comparisons
Competitors of Nexus
Nexus 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 StarkWare, Immutable, Matter Labs, Scroll and Aleo, 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 |
Zero-knowledge proof roll-up solutions are provided for blockchain scaling.
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| domain | founded_year | HQ Location |
Blockchain infrastructure for NFT games and applications is developed.
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| domain | founded_year | HQ Location |
Blockchain privacy is supported by verifiable computation in finance infrastructure.
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| domain | founded_year | HQ Location |
A zkEVM-based zkRollup network for EVM-compatible Ethereum solutions is operated.
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| domain | founded_year | HQ Location |
Blockchain-based network is provided for developers to build applications.
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| domain | founded_year | HQ Location |
Decentralized zero-knowledge rollup platform for Ethereum token bridging is operated.
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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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Frequently Asked Questions about Nexus
When was Nexus founded?
Nexus was founded in 2022.
Where is Nexus located?
Nexus is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Nexus?
Daniel Marin is the current CEO of Nexus. They have also founded this company.
Is Nexus a funded company?
Nexus is a funded company, having raised a total of $27.2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Jun 01, 2022.
What does Nexus do?
A global supercomputer infrastructure is being built by Nexus to support the AI economy. Focus is placed on creating a Layer 1 blockchain that is 100 EVM-compatible, powered by zero-knowledge proofs through a zkVM in every node. Solutions are provided for ultra-high performance and mass adoption via Nexus OS. Research and development are conducted at the Verifiable AI Lab, exploring AI, verifiability, and economic systems. The technology sector, particularly blockchain and AI infrastructure, is primarily targeted.
Who are the top competitors of Nexus?
Nexus's top competitors include StarkWare, Matter Labs and Immutable.
What products or services does Nexus offer?
Nexus offers Nexus Layer 1, Nexus zkVM, and Verifiable AI Lab.
Who are Nexus's investors?
Nexus has 7 investors. Key investors include Lightspeed Venture Partners, DRAGONFLY, SV Angel, Blockchain Builders Fund, and Alliance.