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High Tech Series A Founded 2018

Nervos Network

Nervos Network is a modular blockchain infrastructure project that provides a suite of interoperable protocols for building decentralized applications. The network is built on CKB (Common Knowledge Base), a Layer 1 blockchain secured by Proof-of-Work consensus and built on RISC-V architecture. CKB is positioned as the first fully Bitcoin-isomorphic Layer 2 solution, utilizing PoW and UTXO models to enhance Bitcoin…

📍 Hangzhou, China · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$69M
Date25 October 2019
Total raised$28M
Team size5

About

Nervos Network is a modular blockchain infrastructure project that provides a suite of interoperable protocols for building decentralized applications. The network is built on CKB (Common Knowledge Base), a Layer 1 blockchain secured by Proof-of-Work consensus and built on RISC-V architecture. CKB is positioned as the first fully Bitcoin-isomorphic Layer 2 solution, utilizing PoW and UTXO models to enhance Bitcoin with programmability and scalability through the RGB++ protocol, the UTXO Stack, and the CKB Lightning Network, without relying on cross-chain bridges. CKB is the only blockchain that supports all cryptographic primitives, enabling seamless interoperability with all heterogeneous blockchains and the ability to anchor sidechains, state channels, and Layer 2 networks. The platform features protocol-level account abstraction by default, a novel utility-driven tokenomic model that aligns stakeholder interests, and a modular architecture that scales to millions of transactions per second through diverse Layer 2 networks. Nervos also offers Axon for deploying custom EVM-compatible sidechains and a low-level virtual machine for unlimited build capabilities. Founded in 2018 and headquartered in Hangzhou, China, Nervos Network has raised $28.0M in Series A funding from investors including Polychain, Sequoia Capital, Bixin, imToken, Wanxiang, Blockchain Capital, Matrix Partners China, Ceyuan Ventures, FBG Capital, Multicoin Capital, Dekrypt Capital, 1confirmation, 1kx, Blockchain Coinvestors, AlphaCoin Fund, Struck Capital, Access Ventures, Fundamental Labs, and Kindred.

Business model

Blockchain Infrastructure > Blockchain Network > Hybrid Blockchain Network

Founders & team highlights

Serial Founder

Institutional investors

Polychain Sequoia Capital Bixin imToken Wanxiang Blockchain Capital Matrix Partners China Ceyuan Ventures FBG Capital Multicoin Capital Dekrypt Capital 1confirmation 1kx Blockchain Coinvestors AlphaCoin Fund

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