Number of Funding Rounds4 Hedera Hashgraph has raised a total of in funding over 4 rounds. Their latest funding was raised on Feb 24, 2021 from a Venture - Series Unknown round.Which funding types raised the most money?
How much funding has this organization raised over time?
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Hedera Hashgraph, a prominent player in the blockchain space, has undergone four funding rounds, accumulating a substantial total funding amount of $125.5 million. This financial journey, which commenced with an Initial Coin Offering (ICO) on February 5, 2018, marked the beginning of Hedera Hashgraph's pursuit of capital.
The first funding round, the ICO, is a testament to the organization's early-stage approach, attracting investment from three notable investors, including tech giant IBM. This initial phase laid the foundation for subsequent rounds, showcasing the project's appeal and potential.
The subsequent Venture Rounds further solidified Hedera Hashgraph's financial standing. On March 13, 2018, a Venture Round saw the organization secure $18 million, with Digital Currency Group leading the investment. This round brought the total number of investors to five, underscoring growing interest and confidence in the project.
The momentum continued on August 1, 2018, with another Venture Round that raised a staggering $100.5 million. BlockTower Capital emerged as the lead investor, and the total number of investors increased to eight. This significant injection of capital undoubtedly played a pivotal role in fueling Hedera Hashgraph's development and expansion.
The most recent funding event occurred on February 24, 2021, with a Venture - Series Unknown round. Hedera Hashgraph secured an additional $7 million, bringing the total number of investors to six. Tata Communications took the lead in this round, showcasing the project's ability to attract diverse and influential backers.
In terms of funding types, the Venture Rounds, especially the second round in August 2018, raised the lion's share of the total funding amount. These rounds, characterized by substantial investments from key players like BlockTower Capital, demonstrated the market's confidence in Hedera Hashgraph's vision and technological approach.
To summarize, Hedera Hashgraph's funding journey exemplifies a strategic combination of ICOs and Venture Rounds, with each funding event contributing to the organization's growth and development in the blockchain space. The diverse range of investors, including industry giants like IBM and Tata Communications, underscores the project's appeal and positions it as a significant player in the ever-expanding world of decentralized technologies.
FAQs
Hedera Hashgraph is funded by 21 investors. Continue Capital and Boeing HorizonX Ventures are the most recent investors. Hedera Hashgraph has a post-money valuation in the range of $100M to $500M as of Aug 1, 2018 , according to PrivCo.
Who are the investors in HBAR? ›
The company is funded by 19 investors, including Boeing HorizonX Ventures, Tata Communications, BlacTower Capital, Vestinwolf Alternatives, among others. Mance Harmon is the CEO and co-founder of Hedera Hashgraph.
What is the valuation of HBAR? ›
The live price of Hedera is $ 0.073953 per (HBAR / USD) with a current market cap of $ 2.65B USD. 24-hour trading volume is $ 42.19M USD. HBAR to USD price is updated in real-time. Hedera is -1.91% in the last 24 hours with a circulating supply of 35.79B.
Which companies invest in Hedera Hashgraph? ›
Some notable companies and organizations using Hedera include Google, IBM, Deutsche Telekom, LG Electronics, Tata Communications, Boeing, DLA Piper, Magalu, Nomura, and Swisscom Blockchain.
Who is Hedera owned by? ›
Hedera was founded by Hashgraph inventor Leemon Baird and his business partner Mance Harmon, and Andrew Masanto, adding significant contribution to the team. Previously, Hedera had an exclusive license to the Hashgraph patents held by their company, Swirlds.
What will HBAR be worth in 2030? ›
In this case, the price of HBAR may face downward pressure with a reduced dominance of 0.054%. In this scenario, If the crypto market cap hits $3 Trillion, HBAR could trade around $0.045 in the short term and struggle to surpass $0.151 by 2030 even if the total crypto market cap surpasses the $10 Trillion mark.
Who is HBAR partnering with? ›
The Digital Euro Association (DEA) is excited to announce a new partnership with The HBAR Foundation, the Hedera network ecosystem force multiplier, which is at the forefront of advancing scalable, secure, and sustainable decentralized ledger technology (DLT).
What will HBAR be worth in 2025? ›
Does HBAR have a max supply? ›
How Many Hedera Hashgraph (HBAR) Coins Are There in Circulation? The Hedera Hashgraph token, HBAR, has a maximum total supply of 50 billion units.
Is HBAR a long term investment? ›
Is HBAR investment a profitable one? Yes, the stout fundamentals of the network make HBAR a good investment but for the long term. What will the maximum price of HBAR be by the end of 2024? As per our HBAR price prediction, the digital token might surge as high as $0.145 by the end of 2024.
Hedera's robust ecosystem is built by a global community, on a network governed by a diverse council of industry-leading organizations, including abrdn, Avery Dennison, Boeing, Chainlink Labs, COFRA Holdings, DBS Bank, Dell, Dentons, Deutsche Telekom, DLA Piper, EDF (Électricité de France), eftpos, FIS (WorldPay), ...
Is Google partnered with HBAR? ›
HBAR price chart:
The new partnership involving the public distributed ledger platform for corporations was announced in a blog post by Google Cloud on Tuesday, saying Hedera has selected Google Cloud as its “preferred cloud provider,” both for its public testnets and the larger Hedera ecosystem.
Is it good to invest in Hedera? ›
Considering these strategic developments and the overall growth of the blockchain industry, Hedera shows potential for significant appreciation. By 2030, it is plausible for Hedera to reach highs of around $0.7, aligning with its anticipated advancements and market trends.
What crypto is built on Hedera? ›
HashAxis | Hedera. HashAxis is a global NFT marketplace built on Hedera for crypto collectibles and non-fungible tokens (NFTs). Buy, sell, and discover exclusive digital assets.
How many people use Hedera? ›
Hedera averaged 33,000 active users per month, a 51% increase quarter over quarter. Transaction fees are consistently low, averaging less than $0.0001. Developer activity is trending upwards, with an average of 6,000 developer events per month. NFT activity continues to increase, with 258,000 NFT transactions.
What will HBAR be used for? ›
HBAR is both a general-purpose cryptocurrency and the utility token of the Hedera network. HBARs are used on the network to pay fees for transactions. The tokens are also staked to network nodes to provide a weighted voting system to validate transactions.
Who is behind HBAR? ›
Hedera Hashgraph was created by Leemon Baird, a computer scientist, and Mance Harmon, a technology executive. Together, Baird and Harmon formed a company called Swirlds in 2015.
Who is the co founder of HBAR? ›
Hedera Hashgraph Co-founders Mance Harmon and Dr. Leemon… Hedera.
What is so special about HBAR? ›
Hedera (HBAR) stands out in the market thanks to its unique consensus mechanism. The Hedera Hashgraph allows the platform to offer its users unparalleled security, fairness, high transaction speed, and low transaction fees, setting it apart from traditional blockchain-based systems.
Is HBAR a safe investment? ›
As any cryptocurrency, Hedera (HBAR) is a risky and volatile investment, however, many analysts believe investing into this cryptocurrency may bring good returns.
