About Plume Network
Plume Network is a company based in New York (United States) founded in 2024 by Eugene Y Q Shen, Chris Yin, and Teddy Pornprinya.. Plume Network has raised $30 million across 5 funding rounds from investors including LayerZero Labs Canada Inc, Galaxy and HashKey Exchange. Plume Network offers products and services including Plume Chain, Plume Passport, Arc, pUSD, and Nexus. Plume Network operates in a competitive market with competitors including Biconomy, Router Protocol, Entangle, Espresso Systems and UX, among others.
- Headquarter New York, United States
- Founders Eugene Y Q Shen, Chris Yin, Teddy Pornprinya
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Plume Network, 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
$30 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
LayerZero Labs Canada Inc
& 26 more
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Employee Count
Employee Count
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Products & Services of Plume Network
Plume Network offers a comprehensive portfolio of products and services, including Plume Chain, Plume Passport, Arc, pUSD, and Nexus. 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.
Onchain infrastructure for real-world asset tokenization and scaling.
RWAfi Wallet for managing and interacting with digital assets securely.
Platform to bring real-world assets onto blockchain networks.
Ecosystem stablecoin for facilitating RWA transactions.
Onchain system for data management in real-world asset finance.
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Funding Insights of Plume Network
Plume Network has successfully raised a total of $30M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(22 May 2024)
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Private Equity Round - Plume Network | Valuation |
investors |
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| Mar, 2025 | Amount | Series A - Plume Network | Valuation |
investors |
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| Feb, 2025 | Amount | Series A - Plume Network | Valuation | LayerZero Labs Canada Inc , Faction VC |
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| 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 Plume Network
Plume Network has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LayerZero Labs Canada Inc, Galaxy and HashKey Exchange. 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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Buyouts are targeted through private equity investments by the firm.
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Founded Year | Domain | Location | |
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Investment in Web3, AI, and biotech is facilitated by YZi Labs.
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Founded Year | Domain | Location | |
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A venture capital firm focused on crypto technology investments.
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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 Plume Network
| 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 - Plume Network
| 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 |
Plume Network Comparisons
Competitors of Plume Network
Plume 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 Biconomy, Router Protocol, Entangle, Espresso Systems and UX, 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 infrastructure for Web3 experiences is provided.
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| domain | founded_year | HQ Location |
Cross-chain infrastructure for asset-level data transfer
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| domain | founded_year | HQ Location |
A liquidity-centric sub-layer is developed for cross-chain DeFi applications.
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| domain | founded_year | HQ Location |
Blockchain-based privacy solutions for web3 applications are provided.
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| domain | founded_year | HQ Location |
Blockchain-based lending protocol is offered for web3 companies.
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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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Latest news on Plume Network
Frequently Asked Questions about Plume Network
When was Plume Network founded?
Plume Network was founded in 2024.
Where is Plume Network located?
Plume Network is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Plume Network?
Chris Yin is the current CEO of Plume Network. They have also founded this company.
Is Plume Network a funded company?
Plume Network is a funded company, having raised a total of $30M across 5 funding rounds to date.
What does Plume Network do?
Plume Network was founded in 2024 in New York, United States, operating in the blockchain sector. A modular EVM-compatible Layer-2 blockchain is developed to facilitate the onboarding of real-world assets onto the blockchain. Compliance tools are integrated to support projects in regulated environments, enabling capital attraction and development. Infrastructure management services are focused on blockchain applications across various operations.
Who are the top competitors of Plume Network?
Plume Network's top competitors include Biconomy, Router Protocol and Entangle.
What products or services does Plume Network offer?
Plume Network offers Plume Chain, Plume Passport, Arc, pUSD, and Nexus.
Who are Plume Network's investors?
Plume Network has 27 investors. Key investors include LayerZero Labs Canada Inc, Galaxy, HashKey Exchange, Lightspeed Venture Partners, and Apollo Global Management.
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