U-topia

Dubai, United Arab Emirates Founded: 2021 • Age: 5 yrs
Provider of a decentralized payment platform with AI-powered crypto trading companion
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About U-topia

U-topia is a company based in Dubai (United Arab Emirates) founded in 2021 by Jeremy Mahieu, Emmanuel Quezada, and Nicolas Prevost.. U-topia has raised $850 thousand across 1 funding round from investors including GDA Group. U-topia offers products and services including U-wallet, U Coin, and Topi AI. U-topia operates in a competitive market with competitors including Yuga Labs, Decentraland, BUD Technologies, Tech Bureau and Mirror World, among others.

  • Headquarter Dubai, United Arab Emirates
  • Founders Jeremy Mahieu, Emmanuel Quezada, Nicolas Prevost
  • Sectors
    Technology
    Media & Entertainment Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Media & Entertainment → Gaming & Interactive Entertainment
Media & Entertainment → Gaming & Interactive Entertainment
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $850 K (USD)

    in 1 rounds

  • Latest Funding Round
    $850 K (USD), Seed

    Apr 08, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of U-topia

U-topia offers a comprehensive portfolio of products and services, including U-wallet, U Coin, and Topi AI. 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.

Primary

Cross-chain wallet for connecting dApps and earning rewards.

Utility token for transactions and media engagement rewards.

AI-powered companion for Telegram-based crypto trading.

Funding Insights of U-topia

U-topia has successfully raised a total of $850K through 1 strategic funding round. The most recent funding activity was a Seed round of $850 thousand completed in April 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 Rounds 1
  • Last Round Seed — $850,000
  • First Round

    (08 Apr 2024)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2024 Amount Seed - U-topia Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in U-topia

U-topia has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GDA Group. 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.

All
Institutional
Investor Description Founded Year Domain Location
Blockchain capital markets advisory services are provided by GDA Group.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by U-topia

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - U-topia

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

U-Topia Comparisons

Employees
+
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Competitors of U-topia

U-topia 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 Yuga Labs, Decentraland, BUD Technologies, Tech Bureau and Mirror World, 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
A marketplace for games, NFTs, and digital collectibles is operated.
domain founded_year HQ Location
Virtual world games are facilitated through an NFT-based platform.
domain founded_year HQ Location
Provider of a mobile-first virtual platform to create and share 3D experiences
domain founded_year HQ Location
Blockchain solutions, NFT marketplace, and digital archiving services are offered.
domain founded_year HQ Location
Developer of NFT-based virtual world games
domain founded_year HQ Location
Play-to-earn metaverse platform with blockchain asset marketplace is operated.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on U-Topia

Frequently Asked Questions about U-topia

When was U-topia founded?

U-topia was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Where is U-topia located?

U-topia is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Who is the current CEO of U-topia?

Emmanuel Quezada is the current CEO of U-topia. They have also founded this company.

Is U-topia a funded company?

U-topia is a funded company, having raised a total of $850K across 1 funding round to date. The company's 1st funding round was a Seed of $850K, raised on Apr 08, 2024.

What does U-topia do?

Provider of a decentralized payment platform with AI-powered crypto trading companion. It facilitates payments and offers tools for managing digital assets. The platform provides savings on transaction fees for merchants and combines the security of Web2 with the decentralization of Web3. It offers features such as global payments, risk management, and settlements. The ecosystem includes an AI-powered trading companion, a utility token for rewards, and a wallet connecting decentralized applications with cross-chain support. It also provides a loyalty program where users can earn rewards and shop from various brands.

Who are the top competitors of U-topia?

U-topia's top competitors include ZBD, Yuga Labs and Decentraland.

What products or services does U-topia offer?

U-topia offers U-wallet, U Coin, and Topi AI.

Who are U-topia's investors?

U-topia has 1 investor. Key investors include GDA Group.

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