About Synternet
Synternet is a company based in Gibraltar (Gibraltar) founded in 2017 by Domas Povilauskas and Domantas Jaskunas.. Synternet has raised $12.5 million across 5 funding rounds from investors including Antalpha, Mapleblock and CMCC Global. Synternet offers products and services including Blockchain Explorer, Synternet Insights, and Syntoshi AI Agent. Synternet operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Gibraltar, Gibraltar
- Founders Domas Povilauskas, Domantas Jaskunas
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Sectors
TechnologyTelecommunications
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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
$12.5 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Antalpha
& 10 more
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Employee Count
Employee Count
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Products & Services of Synternet
Synternet offers a comprehensive portfolio of products and services, including Blockchain Explorer, Synternet Insights, and Syntoshi AI Agent. 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.
Platform for monitoring and exploring blockchain networks in real-time.
Tool that tracks DeFi assets and provides early risk alerts.
Agent delivering actionable intelligence from on-chain data streams.
Funding Insights of Synternet
Synternet has successfully raised a total of $12.5M 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
(01 Jun 2018)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Synternet | Valuation | CMCC Global | |
| May, 2023 | Amount | Seed - Synternet | Valuation |
investors |
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| Apr, 2021 | Amount | Series A - Synternet | Valuation |
investors |
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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 Synternet
Synternet has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Antalpha, Mapleblock and CMCC Global. 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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VC firm making investment on blockchain
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Founded Year | Domain | Location | |
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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Investments in tech startups are made by Moonrock Capital.
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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 Synternet
| 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 - Synternet
| 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 |
Synternet Comparisons
Competitors of Synternet
Synternet 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 MTN, Jio, Airtel, SK Telecom and Optus, 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 |
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Provider of integrated telecommunication services
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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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 Synternet
Frequently Asked Questions about Synternet
When was Synternet founded?
Synternet was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Synternet located?
Synternet is headquartered in Gibraltar, Gibraltar.
Who is the current CEO of Synternet?
Daniel Haudenschild is the current CEO of Synternet.
Is Synternet a funded company?
Synternet is a funded company, having raised a total of $12.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Jun 01, 2018.
What does Synternet do?
Synternet was founded in 2017 in Gibraltar and operates in the blockchain sector. A protocol is provided to enable modular, interoperable data infrastructure across various chains. This serves as a customizable execution layer between blockchains, with security and interoperability integrated into its design. Decentralized data exchange is facilitated for developers, organizations, and users through this infrastructure.
What products or services does Synternet offer?
Synternet offers Blockchain Explorer, Synternet Insights, and Syntoshi AI Agent.
Who are Synternet's investors?
Synternet has 11 investors. Key investors include Antalpha, Mapleblock, CMCC Global, P2 Ventures, and HV Capital.
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