Conflux Foundation

company

About

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

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

Employee Profiles

Number of Employee Profiles
5
Conflux Foundation has 5 current employee profiles, including Executive YuanJie Zhang
Executive
Executive
Executive
Executive