Biconomy
Biconomy provides a blockchain infrastructure platform offering Web3 experiences through its modular execution environment, enabling cross-chain interoperability and reducing friction in decentralized application interactions. The platform offers solutions including account abstraction for gasless transactions, cross-chain bridges for asset transfers, and SDKs for developers to integrate Web3 functionality into…
Funding snapshot
About
Biconomy provides a blockchain infrastructure platform offering Web3 experiences through its modular execution environment, enabling cross-chain interoperability and reducing friction in decentralized application interactions. The platform offers solutions including account abstraction for gasless transactions, cross-chain bridges for asset transfers, and SDKs for developers to integrate Web3 functionality into their applications. Biconomy's infrastructure handles complex blockchain operations such as transaction relaying, gas fee management, and multi-chain routing, abstracting these technical details from end users to provide a seamless Web2-like experience. The platform supports multiple blockchain networks including Ethereum, Polygon, and other EVM-compatible chains. Founded in 2019 and headquartered in Dubai and Mumbai, Biconomy has raised approximately $10.5 million in Series B funding from investors including Binance, Fenbushi Capital, Edenblock, Outlier Ventures, and Digital Asset Capital Management.
Business model
Blockchain Infrastructure > Middleware > Cross Chain
Team background
College Wise > Tel Aviv University
Institutional investors
Backed by funds in our directory
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