Ocean Protocol

About

Ocean Protocol is a decentralized data exchange protocol that lets people share and monetize data.

Singapore,Central Region,Singapore
https://oceanprotocol.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $5M
Industries: Big Data,Blockchain,Ethereum,FinTech,Information Technology
Founded date: Jan 1, 2017
Operating Status: Active
Legal Name: Ocean Protocol Foundation Ltd
Also Known As: Ocean Protocol

Ocean Protocol is a decentralized data exchange protocol that lets people share and monetize data. It uses advanced blockchain technology that allows data to be shared and sold in a safe, secure and transparent manner. They enable a decentralized platform and network that connects providers and consumers of valuable data, while providing open access for developers to build services.

Ocean Protocol was founded in 2017 and is based in Singapore.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$33.10M

Ocean Protocol has raised a total of $33.10M in funding over 2 rounds. Their latest funding was raised on May 23, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 23, 2022	Seed	$5M	1	Cypher Capital	—	Detail
Oct 2, 2020	Series Unknown	—	1	—	—	Detail
May 13, 2019	Initial Coin Offering	$6M	—	—	—	Detail
Mar 9, 2018	Initial Coin Offering	$22.10M	16	—	—	Detail
Mar 1, 2018	Initial Coin Offering	—	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

18

Ocean Protocol is funded by 18 investors. Cypher Capital and Kosmos Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Cypher Capital	Yes	Seed
Kosmos Ventures	—	Series Unknown
Fabric Ventures	—	Initial Coin Offering
Outlier Ventures	—	Initial Coin Offering
Bamboo Sea Ventures	—	Initial Coin Offering
Buck Stash	—	Initial Coin Offering
Cashican People LLC	—	Initial Coin Offering
COIND	—	Initial Coin Offering
Crowd Venture Capital	—	Initial Coin Offering
George Burke	—	Initial Coin Offering