About Radix DLT
Radix DLT is a company based in London (United Kingdom) founded in 2013. It operates as a Blockchain-as-a-Service. Radix DLT has raised $14.1 million across 2 funding rounds from investors including DWF Labs, LocalGlobe and Taavet Hinrikus. Radix DLT offers products and services including Radix Wallet and Scrypto & Radix Engine. Radix DLT operates in a competitive market with competitors including Pi Network, Nibiru Chain, Berachain, Bloxroute and Lightspark, among others.
- Headquarter London, United Kingdom
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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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- Legal Name Radix Publishing Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.1 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Mar 23, 2023
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Investors
DWF Labs
& 2 more
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Employee Count
Employee Count
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Products & Services of Radix DLT
Radix DLT offers a comprehensive portfolio of products and services, including Radix Wallet and Scrypto & Radix Engine. 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 wallet for secure Web3 and DeFi interactions.
Tools for building secure DeFi and Web3 applications.
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Funding Insights of Radix DLT
Radix DLT has successfully raised a total of $14.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in March 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 2
- Last Round Series A — $10.0M
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First Round
First Round
(09 Jul 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Radix DLT | Valuation | DWF Labs |
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| Jul, 2020 | Amount | Series A - Radix DLT | Valuation | LocalGlobe |
| 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 Radix DLT
Radix DLT has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include DWF Labs, LocalGlobe and Taavet Hinrikus. 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 web3 technology startups
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed-stage investments
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Founded Year | Domain | Location | |
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TH
Taavet Hinrikus |
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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 Radix DLT
| 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 - Radix DLT
| 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 |
Radix Dlt Comparisons
Competitors of Radix DLT
Radix DLT 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 Pi Network, Nibiru Chain, Berachain, Bloxroute and Lightspark, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of blockchain-based platform offering to mine coins
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Proof-of-stake blockchain unifies trading, staking, and liquidity provision.
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An EVM-compatible blockchain is offered via Proof-of-Liquidity consensus.
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Cloud-based infrastructure is provided for scaling blockchain transactions.
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Platform created to explore, build and extend the capabilities and utility of Bitcoin
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Blockchain infrastructure is delivered for payments and banking solutions.
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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 Radix Dlt
Frequently Asked Questions about Radix DLT
When was Radix DLT founded?
Radix DLT was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Where is Radix DLT located?
Radix DLT is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Radix DLT?
Piers Ridyard is the current CEO of Radix DLT.
Is Radix DLT a funded company?
Radix DLT is a funded company, having raised a total of $14.1M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.1M, raised on Jul 09, 2020.
What does Radix DLT do?
Radix DLT is engaged in developing technologies for Web3 and DeFi applications. The company offers a full stack of tools including the Radix Wallet for user-friendly crypto interactions and Scrypto with Radix Engine for secure dApp development. Solutions are tailored for both users and developers, aiming to make decentralized finance accessible and intuitive. The ecosystem supports a growing world of dApps, built specifically on Radixs innovative platform.
Who are the top competitors of Radix DLT?
Radix DLT's top competitors include Pi Network, Nibiru Chain and Berachain.
What products or services does Radix DLT offer?
Radix DLT offers Radix Wallet and Scrypto & Radix Engine.
Who are Radix DLT's investors?
Radix DLT has 3 investors. Key investors include DWF Labs, LocalGlobe, and Taavet Hinrikus.
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