Tech Company Financing Transactions
Peaq Funding Round
Peaq, based in Singapore, received $15 million in funding from Borderless Capital, Animoca Brands and CMCC Global.
Transaction Overview
Company Name
Announced On
3/27/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to further expand its ecosystem.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
3 Fraser St 05-25
Singapore, 189352
Singapore
Singapore, 189352
Singapore
Phone
Undisclosed
Website
Email Address
Overview
peaq provides everything you need to build people-powered applications for vehicles, robots, and devices on a people-powered blockchain network. When we started peaq we understood two core things, blockchain will change the world more profoundly than the Internet did, and it won't happen overnight. At peaq, we're not afraid to think differently. The core values of the team are the core values of peaq, we are driven by this opportunity to make a global impact. We've taken a different approach to all aspects of blockchain for the machine economy. We chose a bold strategy, opting to use the technology to create value before using the technology to exchange value. The inverse of the status quo.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Till Wendler
Chief Financial Officer
Julia Ponitzsch
Chief Technical Officer
Pavel Fomenko
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