Velo Labs Technology Overview
- Year Founded
-
2018
- Status
-
Acquired/Merged
- Employees
-
14
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$10M
- Investors
-
10
Velo Labs Technology General Information
Description
Developer of a blockchain-based financial platform intended for digital credit issuance and borderless asset transfer for businesses. The company's platform offers a global, decentralized, and interoperable payments network to instantly transfer value across the globe, enabling clients to avail a secure and compliant system.
Contact Information
Website
www.velo.org(Operating Subsidiary)
Corporate Office
- Quijano Chambers
- P.O. Box 3159
- Road Town, VG1110
- British Virgin Islands
Corporate Office
- Quijano Chambers
- P.O. Box 3159
- Road Town, VG1110
- British Virgin Islands
Velo Labs Technology Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 28-Nov-2023 | $10M | Completed | Generating Revenue | ||
| 3. Early Stage VC | 01-Aug-2022 | Completed | Generating Revenue | |||
| 2. Merger/Acquisition | 31-Mar-2022 | Completed | Generating Revenue | |||
| 1. Corporate | Completed | Generating Revenue |
Velo Labs Technology Signals
Velo Labs Technology Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Charoen Pokphand Group | Corporation | Minority | ||
| Du Capital | Venture Capital | Minority | ||
| Stellar (Financial Software) | VC-Backed Company | Minority |
Velo Labs Technology Investments & Acquisitions (2)
Velo Labs Technology’s most recent deal was a Joint Venture with Treasury-as-a-Service Platform (Lightnet / OpenEden / Velo Labs). The deal was made on 01-Oct-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Treasury-as-a-Service Platform (Lightnet / OpenEden / Velo Labs) | 01-Oct-2024 | Joint Venture | Financial Software | ||
| Evrynet | 26-May-2022 | Merger/Acquisition | Other Financial Services |
Velo Labs Technology Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Evrynet | Singapore, Singapore | 2018 |
Velo Labs Technology FAQs
-
When was Velo Labs Technology founded?
Velo Labs Technology was founded in 2018.
-
Where is Velo Labs Technology headquartered?
Velo Labs Technology is headquartered in Road Town, British Virgin Islands.
-
What is the size of Velo Labs Technology?
Velo Labs Technology has 14 total employees.
-
What industry is Velo Labs Technology in?
Velo Labs Technology’s primary industry is Other Financial Services.
-
Is Velo Labs Technology a private or public company?
Velo Labs Technology is a Private company.
-
What is Velo Labs Technology’s current revenue?
The current revenue for Velo Labs Technology is .
-
How much funding has Velo Labs Technology raised over time?
Velo Labs Technology has raised $10M.
-
Who are Velo Labs Technology’s investors?
Charoen Pokphand Group, Du Capital, and Stellar (Financial Software) have invested in Velo Labs Technology.
-
When was Velo Labs Technology acquired?
Velo Labs Technology was acquired on 28-Nov-2023.
-
Who acquired Velo Labs Technology?
Velo Labs Technology was acquired by Evrynet.
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