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VЕLAS logo — Velas is the fastest EVM blockchain and ecosystem for smart...

VЕLAS

Velas is the fastest EVM blockchain and ecosystem for smart contracts and dApps | Crypto Valley Top 23 Blockchain Firm

Founded 2019 Switzerland Zug, Switzerland 32 employees Venture round Total: $135.00M Blockchain, Cyber Security

General Information

Company Name VЕLAS
Founded Year 2019
Location Switzerland Zug, Switzerland
Employees 32
Industries Blockchain, Cyber Security
Funding Stage Venture round
Social

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About VЕLAS

Velas is a cutting-edge blockchain company, based in Crypto Valley Zug, Switzerland, and has been making waves in the industry since its founding in 2019. The company's slogan "Velas is the fastest EVM blockchain and ecosystem for smart contracts and dApps | Crypto Valley Top 23 Blockchain Firm" encapsulates its commitment to innovation and speed in the blockchain space. Velas has recently garnered significant attention with a $135.00M Venture Round investment on 29 September 2022, showing that the market and investors have high confidence in the company's mission and potential. The investment was made by Global Emerging Markets, a notable player in the investment world. The company prides itself on being the fastest EVM blockchain, capable of handling up to 75,000 transactions per second, processed instantly and at minimal cost. Velas' focus on speed and cost-effectiveness positions it as a compelling player in the Blockchain and Cyber Security industries. Velas' ecosystem includes a range of decentralized products built on top of its chain, making it convenient for users to access and deploy decentralized, open-source products. This demonstrates the company's dedication to providing a user-friendly and versatile blockchain ecosystem for smart contracts and dApps. Keep an eye on Velas as it continues to push the boundaries of blockchain technology within the world of crypto and beyond.

Taxonomy: design thinking, decentralization, Switzerland, Crypto Valley Zug, innovation, high security standards, fast transactions, secure transactions, EVM Blockchain, high processing speed, low transaction cost

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $135.00M 1
Global Emerging Markets
Global Emerging Markets
29 Sep 2022

VЕLAS Alternatives & Competitors

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FAQ About VЕLAS

Velas is the fastest EVM blockchain and ecosystem for smart contracts and dApps | Crypto Valley Top 23 Blockchain Firm
VЕLAS was founded in 2019.
VЕLAS is headquartered in Zug, Switzerland.
VЕLAS operates in Blockchain and Cyber Security. Its work centres on design thinking, decentralization, Switzerland and Crypto Valley Zug.
VЕLAS has approximately 32 employees.
VЕLAS has completed 1 funding round, raising a total of $135.00M. The latest funding stage is Venture round.
Top alternatives and competitors to VЕLAS include Mphasis, Forest Park, EDV Werke AG, Shentu Chain, bitCorp - Intelligence Creative Labs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
VЕLAS and Mphasis 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 VЕLAS, https://bouncewatch.com/company/velas, updated 1 December 2024. When citing, please name BounceWatch and link this page.

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