About Wakweli
Wakweli is a company based in Geneve (Switzerland) founded in 2015.. Wakweli has raised $1.1 million across 1 funding round from investors including FunFair and Summit. Wakweli operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.
- Headquarter Geneve, Switzerland
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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
$1.1 M (USD)
in 1 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Feb 28, 2023
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Investors
FunFair
& 1 more
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Employee Count
Employee Count
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Funding Insights of Wakweli
Wakweli has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in February 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 1
- Last Round Seed — $1.1M
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First Round
First Round
(28 Feb 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Seed - Wakweli | Valuation | Summit |
| 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 Wakweli
Wakweli has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include FunFair and Summit. 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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Investments in early-stage blockchain startups are made by FunFair.
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Founded Year | Domain | Location | |
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Summit is engaged in cryptocurrency investment and mining services.
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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 Wakweli
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Wakweli
| 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 |
Wakweli Comparisons
Competitors of Wakweli
Wakweli 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 Solana, Ankr, Mysten Labs, O(1) Labs and Chain, 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 transactions and counting is provided by Solana.
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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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| domain | founded_year | HQ Location |
Blockchain infrastructure is offered for financial application development.
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| domain | founded_year | HQ Location |
A blockchain-based public network is operated for decentralized application development.
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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 Wakweli
Frequently Asked Questions about Wakweli
When was Wakweli founded?
Wakweli was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Where is Wakweli located?
Wakweli is headquartered in Geneve, Switzerland. It is registered at Geneve, Geneve, Switzerland.
Is Wakweli a funded company?
Wakweli is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Feb 28, 2023.
What does Wakweli do?
Wakweli was founded in 2015 in Geneva, Switzerland, as an infrastructure protocol within the web3 sector. Certificates of authenticity are issued for NFTs and tokenized assets through a decentralized consensus algorithm known as Proof of Democracy (PoD). Operations focus on securing the web3 ecosystem by verifying asset legitimacy. Services are delivered across blockchain networks, with headquarters based in Switzerland.
Who are the top competitors of Wakweli?
Wakweli's top competitors include Mysten Labs, Solana and O(1) Labs.