About nil.foundation
nil.foundation is a company based in Limassol (Cyprus) founded in 2018 by Mikhail Komarov.. nil.foundation has raised $22 million across 1 funding round from investors including StarkWare, Mina Protocol and Polychain. The company has 4 employees as of December 31, 2024. nil.foundation operates in a competitive market with competitors including SkySQL, Xata, Ntirety, OtterTune and Quesma, among others.
- Headquarter Limassol, Cyprus
- Employees 4 as on 31 Dec, 2024
- Founders Mikhail Komarov
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22 M (USD)
in 1 rounds
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Latest Funding Round
$22 M (USD), Series B
Jan 19, 2023
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Investors
StarkWare
& 4 more
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Employee Count
4
as on Dec 31, 2024
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Funding Insights of nil.foundation
nil.foundation has successfully raised a total of $22M through 1 strategic funding round. The most recent funding activity was a Series B round of $22 million completed in January 2023. 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 1
- Last Round Series B — $22.0M
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First Round
First Round
(19 Jan 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series B - nil.foundation | Valuation | Polychain |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 nil.foundation
nil.foundation has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include StarkWare, Mina Protocol 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm investing in the blockchain sector
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups by IOSG Ventures.
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Founded Year | Domain | Location | |
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Investments in cryptocurrency and blockchain assets are managed by Polychain.
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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 nil.foundation
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - nil.foundation
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nil.Foundation Comparisons
Competitors of nil.foundation
nil.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 SkySQL, Xata, Ntirety, OtterTune and Quesma, 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 |
Open source database solutions for MySQL and MariaDB are provided.
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| domain | founded_year | HQ Location |
Database development services are provided by Xata to various clients.
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| domain | founded_year | HQ Location |
Database administration and cloud services are provided.
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| domain | founded_year | HQ Location |
Provider of database consulting services
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| domain | founded_year | HQ Location |
Database gateway solutions are provided by Quesma for application innovation.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Nil.Foundation
Frequently Asked Questions about nil.foundation
When was nil.foundation founded?
nil.foundation was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is nil.foundation located?
nil.foundation is headquartered in Limassol, Cyprus.
Is nil.foundation a funded company?
nil.foundation is a funded company, having raised a total of $22M across 1 funding round to date. The company's 1st funding round was a Series B of $22M, raised on Jan 19, 2023.
How many employees does nil.foundation have?
As of Dec 31, 2024, the latest employee count at nil.foundation is 4.
What does nil.foundation do?
nil.foundation developer of database management systems through providing business support, providing IT services, and database. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of nil.foundation?
Who are nil.foundation's investors?
nil.foundation has 5 investors. Key investors include StarkWare, Mina Protocol, Polychain, Blockchain Capital, and IOSG Ventures.
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