Details

Last Funding Type

Seed

Last Funding Money Raised

$6M

Industries

Blockchain,Information Technology,Internet,Internet of Things,IT Infrastructure,Software

Founded date

Jan 1, 2017

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

Peaq Technology GmbH

Also Known As

peaq ,Peaq Technology GmbH

peaq is a Berlin-based deep-tech company developing decentralized infrastructure for the Economy of Things. Their platform infrastructure is powered by our novel Distributed Ledger Technology (DLT), the DAGchain. The DAGchain is a high-performance DAG-blockchain hybrid DLT designed specifically for the Internet/Economy of Things. It is built to exceed industry requirements for speed, scalability, predictability, decentralization, and consistency. Our platforms empower our clients to own, govern and maintain the infrastructure they use - solving fragmentation, trust, scaling, and interoperability issues while enabling devices and machines to autonomously exchange, synchronize and trade data in real time. We save our clients precious resources while enabling new efficiency-enhancing business models and allowing them to monetize the value they create autonomously, instantly and on their terms. To bring the infrastructure technology to market peaq developed an extensive Tech Stack, including tools such as the Blockchain Explorer and ready-to-integrate solutions for the Internet of Things.