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High Tech Series A Founded 2020

Reef

Reef provides a blockchain network for DeFi with EVM extensions allowing native token bridges, scheduled calls, smart contract in-place code upgrades, and governance participation rewards. Founded in 2020 in Dubai, United Arab Emirates, the company has raised $23.9M in Series A funding from investors including Alameda Research, NGC Ventures, and Kenetic. Provider of a blockchain network for DeFi. Its infrastructure…

📍 Dubai, United Arab Emirates · Smart Contracts,

Funding snapshot

Last roundSeries A
Amount$20M
Date12 March 2021
Total raised$24M
Team size21

About

Reef provides a blockchain network for DeFi with EVM extensions allowing native token bridges, scheduled calls, smart contract in-place code upgrades, and governance participation rewards. Founded in 2020 in Dubai, United Arab Emirates, the company has raised $23.9M in Series A funding from investors including Alameda Research, NGC Ventures, and Kenetic. Provider of a blockchain network for DeFi. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls, smart contract in-place code upgrades, and more. It also allows users to earn rewards for participating in Reef governance. Founded in 2020, headquartered in Dubai, United Arab Emirates. The team comprises 21 (Jun 30, 2026) employees.

Business model

Smart Contracts > Blockchain Platforms > For DeFi Projects,

Blockchain Infrastructure > Blockchain Network > Finance > DeFi,

Cryptocurrencies > Financial Services > Diversified

Institutional investors

Alameda Research NGC Ventures AU21 Capital QCP Capital Kenetic Woodstock Krypital Group Comma3 Ventures Mapleblock pSquare Capital Marshland Capital AC Capital GAINS Associates Northstar Investment Services BBS Finance

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