About U2U Network
U2U Network is a company based in Hanoi (Vietnam) founded in 2019 by Luu Tran and Tran Tuan Anh.. U2U Network has raised $13.8 million across 2 funding rounds from investors including KuCoin, CoinTelegraph and Tesseract Ventures. U2U Network operates in a competitive market with competitors including Binance, Solana, Chain, Ankr and Mysten Labs, among others.
- Headquarter Hanoi, Vietnam
- Founders Luu Tran, Tran Tuan Anh
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Sectors
TechnologyFinancial Services
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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
$13.8 M (USD)
in 2 rounds
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Latest Funding Round
$13.8 M (USD), Series A
Nov 29, 2024
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Investors
KuCoin
& 6 more
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Employee Count
Employee Count
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Funding Insights of U2U Network
U2U Network has successfully raised a total of $13.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.8 million completed in November 2024. 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 — $13.8M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2024 | Amount | Series A - U2U Network | Valuation | KuCoin , Chain Capital |
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| Aug, 2024 | Amount | Seed - U2U Network | Valuation | V3V Ventures |
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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 U2U Network
U2U Network has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include KuCoin, CoinTelegraph and Tesseract Ventures. 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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Early-stage blockchain and tech ventures are supported by IDGX Capital.
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Founded Year | Domain | Location | |
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V3V Ventures is focused on investing in early-stage technology startups.
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Founded Year | Domain | Location | |
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Cryptocurrencies are bought, sold, and traded via this exchange platform.
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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 U2U 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 - U2U 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 |
U2u Network Comparisons
Competitors of U2U Network
U2U 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 Binance, Solana, Chain, Ankr and Mysten Labs, 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 |
Online exchange platform for cryptocurrency
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| domain | founded_year | HQ Location |
Blockchain infrastructure for transactions and counting is provided by Solana.
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| domain | founded_year | HQ Location |
Blockchain infrastructure is offered for financial application development.
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| domain | founded_year | HQ Location |
Web3-native infrastructure for blockchain development and decentralization is provided.
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| domain | founded_year | HQ Location |
Web3 infrastructure solutions are offered via a blockchain platform.
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| domain | founded_year | HQ Location |
Provider of a blockchain network
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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 U2u Network
Frequently Asked Questions about U2U Network
When was U2U Network founded?
U2U Network was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is U2U Network located?
U2U Network is headquartered in Hanoi, Vietnam.
Who is the current CEO of U2U Network?
Luu Tran is the current CEO of U2U Network. They have also founded this company.
Is U2U Network a funded company?
U2U Network is a funded company, having raised a total of $13.8M across 2 funding rounds to date.
What does U2U Network do?
U2U Network was founded in 2019 in Hanoi, Vietnam, as a decentralized data platform within the blockchain sector. Operations focus on enabling secure management of data, payments, IoT devices, storage solutions, and communication channels. Services are provided to support distributed networks, with emphasis on integration for various digital ecosystems. The platform is headquartered in Vietnam and targets global decentralized applications.
Who are the top competitors of U2U Network?
U2U Network's top competitors include Binance, Mysten Labs and Solana.
Who are U2U Network's investors?
U2U Network has 7 investors. Key investors include KuCoin, CoinTelegraph, Tesseract Ventures, Chain Capital, and IDGX Capital.