About PlatON
PlatON is a company based in Hong Kong (China) founded in 2018 by Feng Xiao.. PlatON has raised $12 million across 1 funding round from investors including OUE and Alpine Capital. PlatON operates in a competitive market with competitors including Animoca Brands, Ripple, Compound, Enjin and Axoni, among others.
- Headquarter Hong Kong, China
- Founders Feng Xiao
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Sectors
TechnologyFinancial Services
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Email
***********
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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
$12 M (USD)
in 1 rounds
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Latest Funding Round
$12 M (USD), Series A
Oct 14, 2020
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Investors
OUE
& 1 more
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Employee Count
Employee Count
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Funding Insights of PlatON
PlatON has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series A round of $12 million completed in October 2020. 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 A — $12.0M
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First Round
First Round
(14 Oct 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - PlatON | Valuation | Alpine Capital |
| 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 PlatON
PlatON has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include OUE and Alpine 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 |
|---|---|---|---|---|
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Venture capital firm investing in mid and late-stage TMT companies
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Founded Year | Domain | Location | |
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Developer of commercial & residential real estate properties
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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 PlatON
| 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 - PlatON
| 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 |
Platon Comparisons
Competitors of PlatON
PlatON 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 Animoca Brands, Ripple, Compound, Enjin and Axoni, 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 |
Blockchain-based PC and mobile games are developed and published.
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| domain | founded_year | HQ Location |
Blockchain-based payment network for cross-border transfers is developed.
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| domain | founded_year | HQ Location |
P2P lending platform based on the Ethereum blockchain
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| domain | founded_year | HQ Location |
Virtual assets are created via a blockchain-based gaming platform.
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| domain | founded_year | HQ Location |
A blockchain network for capital markets is operated.
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| domain | founded_year | HQ Location |
Programmable processor architecture is developed for energy-efficient computing.
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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 Platon
Frequently Asked Questions about PlatON
When was PlatON founded?
PlatON was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is PlatON located?
PlatON is headquartered in Hong Kong, China.
Is PlatON a funded company?
PlatON is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series A of $12M, raised on Oct 14, 2020.
What does PlatON do?
Blockchain based data sharing platform. It offers solutions such as verifiable and privacy-preserving computation, GDPR, multiparty computation, privacy protection, and more. It allows different entities to share data in collaborative computation without exposing any details and complies with the regulations and rules of data privacy.
Who are the top competitors of PlatON?
PlatON's top competitors include Animoca Brands, Ripple and Compound.
Who are PlatON's investors?
PlatON has 2 investors. Key investors include OUE, and Alpine Capital.