The latest milestone for Nubit came in the form of an impressive $8.00M Seed Round investment on 05 June 2024. The investment was backed by a strong consortium of investors including Nomad Capital, Big Brain Holdings, Global Coin Research, Polychain Capital, Protagonist VC, GeekCartel, Animoca Ventures, dao5, Symbolic Capital, and OKX Ventures.
Nubit's focus on Cloud Infrastructure and Information Technology makes it a compelling player in the tech space, with the potential to revolutionize Bitcoin's data capacity and empower a wide array of applications. This recent investment not only provides significant financial backing but also validates Nubit's potential and positions it for significant growth in the near future.
Nubit
Trustless World Computer for Bitcoin. Backed by Polychain.
Founded 2023
17 employees
Seed
Total: $11.00M
Cloud Infrastructure, Crypto +1
General Information
Company Name
Nubit
Founded Year
2023
Employees
17
Industries
Cloud Infrastructure, Crypto, Information Technology
Funding Stage
Seed
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Cloud Infrastructure
About Nubit
Taxonomy: Bitcoin ecosystem, Data capacity scaling, Nubit application, Layer 2 solutions, Price oracles, Indexers, Data efficiency, Cryptocurrency innovation
Funding Rounds & Investors (2)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Seed Round | $8.00M | 10 |
|
05 Jun 2024 |
| Pre Seed Round | $3.00M | - |
|
25 Mar 2024 |
Nubit Alternatives & Competitors
Nubit vs
Bitlight Labs
United Kingdom
Bitlight Labs develops infrastructure based on the RGB protocol and deploy multiple applications on...
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Nubit vs
One of the world's largest bitcoin mining companies in terms of hash rate.
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Nubit vs
Bitfury
The Netherlands
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FAQ About Nubit
Trustless World Computer for Bitcoin. Backed by Polychain.
Nubit was founded in 2023.
Nubit operates in Cloud Infrastructure, Crypto and Information Technology. Its work centres on Bitcoin ecosystem, Data capacity scaling, Nubit application and Layer 2 solutions.
Nubit has approximately 17 employees.
Nubit has completed 2 funding rounds, raising a total of $11.00M. The latest funding stage is Seed.
Top alternatives and competitors to Nubit include Bitlight Labs, GDA, Bitfury, Cryptotax, FWX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nubit and Bitlight Labs are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
Source: BounceWatch company record for Nubit, https://bouncewatch.com/company/nubit, updated 30 December 2024. When citing, please name BounceWatch and link this page.
