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High Tech Series A Founded 2014

TEN

Developer of a layer two network for encrypted Ethereum transactions. Developer of a layer two network for encrypted Ethereum transactions. It facilitates faster and cheaper transactions with smart transparency. The network supports confidential computation for artificial intelligence modeling and private data processing. It provides tools for building decentralized applications and aims to unlock Ethereum’s…

📍 Winchester, United Kingdom · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$9M
Date15 March 2024
Total raised$9M
Valuation30,000,000 (Mar 16, 2024)
Team size8

About

Developer of a layer two network for encrypted Ethereum transactions. Developer of a layer two network for encrypted Ethereum transactions. It facilitates faster and cheaper transactions with smart transparency. The network supports confidential computation for artificial intelligence modeling and private data processing. It provides tools for building decentralized applications and aims to unlock Ethereum’s potential. The company operates in the High Tech > Blockchain Infrastructure, Blockchain Technology > Blockchain Infrastructure sector. Founded in 2014 and headquartered in Winchester, United Kingdom and has raised $9.0 million in Series A funding. Key investors include R3, Republic Crypto, KuCoin, Big Brain Holdings, Magnus Capital, DWF Labs, Outlier Ventures.

Business model

Blockchain Infrastructure > Middleware > Rollups

Team background

College Wise > London School of Economics and Political Science, University College London

Institutional investors

R3 Republic Crypto KuCoin Big Brain Holdings Magnus Capital DWF Labs Outlier Ventures

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