How Much Did Galxe Raise? Funding & Key Investors

Date

Total amount raised

$10 Million

Latest funding date

2023-06-01

Location

Title

LINKEDIN

Galxe has established itself as a pivotal platform in the Web3 ecosystem, offering a suite of products designed to facilitate growth and engagement. The platform's offerings include Galxe Quest, Galxe Starboard, Galxe Earndrop, Galxe Passport, Galxe Score, and the Galxe Identity Protocol.

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What Is Galxe?

Galxe is an industry-leading Web3 growth platform powered by analytics, automation, and engagement solutions. It offers a variety of tools and services to help developers, enterprises, and everyday users engage with the Web3 ecosystem.

The platform includes solutions for community growth, data-driven analytics, token distribution, secure identity management, and reputation scoring. Trusted by leading brands in the Web3 space, Galxe aims to provide a full-stack suite for performance, helping teams launch faster, grow smarter, and build stronger connections.

How Much Funding Has Galxe Raised?

  1. Seed Round
    • Amount Raised: Not specified
    • Date: November 2021
    • Lead Investors: Binance Smart Chain
  2. Series A Round
    • Amount Raised: USD 10,000,000
    • Date: January 2022
    • Lead Investors: Dragonfly Capital Management, Multicoin Capital
  3. Series A Round
    • Amount Raised: Not specified
    • Date: June 2023
    • Lead Investors: Not specified

In total, Galxe has raised USD 10,000,000 across its funding rounds.

Key Investors

  • Binance Smart Chain
    • Details: Binance Smart Chain is a blockchain network built for running smart contract-based applications. It aims to provide a high-performance infrastructure for decentralized applications (dApps).
    • Investment Focus Areas: Blockchain, DeFi, NFTs
    • Notable Investments: PancakeSwap, Venus, BakerySwap
  • Dragonfly Capital Management
    • Details: Dragonfly Capital Management is a global crypto asset management firm. They focus on bridging the gap between East and West in the crypto space.
    • Investment Focus Areas: Blockchain, DeFi, Web3
    • Notable Investments: Compound, dYdX, MakerDAO
  • Multicoin Capital
    • Details: Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. They are known for their deep research and strategic investments.
    • Investment Focus Areas: Blockchain, DeFi, Web3
    • Notable Investments: Solana, Helium, The Graph

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