Cointime

Velas

company

About

Velas is a software company that offers a fast EVM blockchain as well as an ecosystem for smart contracts and dApps.

Highlights

Total Funding Amount
$135M
Funding Rounds
1
Investors
1
Employee Profiles
1

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$135M
Industries
Blockchain,Cyber Security,Social Impact,Software
Founded date
Jan 1, 2019
Number Of Employee
101 - 250
Operating Status
Active

Velas is a software company that offers a fast EVM blockchain as well as an ecosystem for smart contracts and dApps. It enables up to 75 000 tps, processed instantly, almost for free. The Velas ecosystem consists of decentralized products built on top of its chain making it easy to use decentralized, open-source products.

The company was founded in 2019 and is based in Zug, Switzerland.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$135M
Velas has raised a total of $135M in funding over 2 rounds. Their latest funding was raised on Sep 29, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 29, 2022 Series Unknown $135M 1 The Global Emerging Markets Group — Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Velas is funded by 1 investors. The Global Emerging Markets Group are the most recent investors.
Investor Name Lead Investor Funding Round
The Global Emerging Markets Group Yes Series Unknown

Employee Profiles

Number of Employee Profiles
1
Velas has 1 current employee profiles, including Executive Alex Alexandrov
Alex Alexandrov
Executive
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