Conflux Foundation

About

Conflux Foundation is a next generation scalable,secure blockchain company.

Singapore,Central Region,Singapore
101 - 250
https://www.conflux-chain.org/

Highlights

Details

Last Funding Type: Seed
Industries: Blockchain
Founded date: Jan 1, 2018
Number Of Employee: 101 - 250
Operating Status: Active

Conflux is the State-of-the-Art public blockchain system that can achieve high TPS without sacrificing decentralization or safety. By delicately combining its unique and advanced algorithm with a novel structure——Tree Graph (TG), Conflux makes consensus no longer a performance bottleneck, thereupon solves a series of problems in the industrialization of public chains. Currently, in its first stage, Conflux adopts PoW (Proof of Work) mechanism as the basis of its consensus.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$35M

Conflux Foundation has raised a total of $35M in funding over 2 rounds. Their latest funding was raised on Aug 1, 2019 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 1, 2019	Series A	—	1	—	—	Detail
Dec 4, 2018	Series A	$35M	9	Sequoia Capital China	—	Detail
Mar 1, 2018	Seed	—	2	IOSG Ventures	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Conflux Foundation has made 1 investments. Their most recent investment was on Jan 29, 2022, when Galaxy Blitz raised $10M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jan 29, 2022 Galaxy Blitz	Seed	$10M	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

2

11

Conflux Foundation is funded by 11 investors. IOSG Ventures and Sequoia Capital China are the most recent investors.

Investor Name	Lead Investor	Funding Round
IOSG Ventures	Yes	Seed
Sequoia Capital China	—	Series A
Baidu Ventures	—	Series A
F2Pool	—	Series A
FREES FUND	—	Series A
IMO Ventures	—	Series A
MetaStable Capital	—	Series A
Rong360	—	Series A
Shunwei Capital	—	Series A
VLane Capital	—	Series A