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ParallelChain Lab

company

About

Blockchain Platform Research and Development Company

Highlights

Total Funding Amount
$50.25M
Funding Rounds
4
Investors
4

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$50M
Industries
Blockchain
Founded date
Feb 1, 2018
Number Of Employee
11 - 50
Operating Status
Active

ParallelChain Lab is a blockchain technology company focusing on the research and development of ParallelChain, a scalable, privacy-focused layer-1 blockchain platform powering an ecosystem of interoperable enterprise and decentralised applications.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$50.25M
ParallelChain Lab has raised a total of $50.25M in funding over 2 rounds. Their latest funding was raised on Sep 22, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 22, 2022 Series Unknown $50M 1 GEM Digital — Detail
Jan 1, 2022 Series Unknown — 1 — — Detail
Sep 1, 2021 Series A — 1 — — Detail
Aug 1, 2021 Product Crowdfunding $250K 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
1
4
ParallelChain Lab is funded by 4 investors. GEM Digital and MH Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
GEM Digital Yes Series Unknown
MH Ventures — Series Unknown
GTA Ventures — Series A
AVA Capital — Product Crowdfunding
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