What is SubQuery?
SubQuery is developing a vibrant marketplace for data indexing and provisioning, aiming to significantly improve access to decentralized blockchain data. Its core technology provides developers on the Polkadot and Kusama networks with essential tools for easily exploring, transforming, and analyzing on-chain data. Based in Singapore, SubQuery is addressing a critical need for efficient and accessible blockchain data solutions, positioning itself as a key infrastructure provider in the Web3 ecosystem.
How much funding has SubQuery raised?
SubQuery has raised a total of $10.8M across 2 funding rounds:
Angel/Seed
$1.8M
Unspecified
$9M
Angel/Seed (2021): $1.8M with participation from Defi Alliance, Digital Finance Group, Hypersphere, The Lao, and D1 Ventures
Unspecified (2021): $9M led by Arrington Capital, Hypersphere, DCG, NGC Ventures, and Stratos Technologies
Key Investors in SubQuery
Arrington Capital
Arrington Capital is a thesis-driven investment firm specializing in digital assets and Web3, with a strong track record of investing in early-stage crypto companies. Their expertise supports founders in the rapidly evolving blockchain landscape.
Hypersphere
Hypersphere Capital is a crypto-native investment platform focused on early-stage and public blockchain networks, aiming for exceptional returns through venture capital and hedge funds in digital asset markets.
NGC Ventures
NGC Ventures is an early-stage venture capital fund with a focus on blockchain infrastructure since 2017, backing prominent projects and providing strategic insights into token design and market strategies.
What's next for SubQuery?
With substantial enterprise-level funding and a recent strategic investment, SubQuery is poised for accelerated development and market expansion. The company's focus on providing robust tools for blockchain data analysis suggests a trajectory towards becoming a foundational layer for decentralized applications and analytics platforms. Future endeavors will likely involve scaling its infrastructure, enhancing its indexing capabilities, and fostering broader adoption within the developer community. This strategic backing indicates confidence in SubQuery's ability to capture a significant share of the growing market for blockchain data services.
See full SubQuery company page
