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Enterprise Infrastructure Seed Founded 2021

KYVE

KYVE is a blockchain infrastructure company that provides a decentralized data lake for data storage and a decentralized network for data validation. The platform enables users to store, retrieve, and verify data on a blockchain-based infrastructure, creating a trustless data layer for Web3 applications, decentralized finance, and data-driven smart contracts. KYVE technology combines decentralized storage with data…

📍 Frankfurt Am Main, Germany · Big Data Infrastructure,

Funding snapshot

Last roundSeed
Amount$70K
Date7 August 2023
Total raised$10M
Team size12

About

KYVE is a blockchain infrastructure company that provides a decentralized data lake for data storage and a decentralized network for data validation. The platform enables users to store, retrieve, and verify data on a blockchain-based infrastructure, creating a trustless data layer for Web3 applications, decentralized finance, and data-driven smart contracts. KYVE technology combines decentralized storage with data validation mechanisms, ensuring that stored data is accurate, immutable, and accessible without relying on centralized data providers. The platform supports permanent data archiving, on-chain data verification, and real-time data streaming for blockchain applications, addressing the data availability and reliability challenges in decentralized ecosystems. Founded in 2021 and headquartered in Frankfurt am Main, Germany, KYVE has raised $10 million in seed funding from investors including Distributed Global, IOSG Ventures, Huobi, and MEXC Global.

Business model

Big Data Infrastructure > Data Lake > Decentralized,

Enterprise Storage > Cloud Storage > Decentralized Cloud Storage,

Blockchain Infrastructure > Decentralised Cloud Storage

Institutional investors

Distributedglobal IOSG Ventures Huobi MEXC Global Cerulean Ventures Wicklow Capital Permanent Ventures Hypersphere Ventures Mechanism Capital Volt Capital Coinbase 4SV Compute Ventures Flori Ventures Zee Prime Capital

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