What is SubQuery?
SubQuery is at the forefront of enhancing access to decentralized blockchain data. The company has developed a robust marketplace for data indexing and provisioning, offering Polkadot and Kusama developers essential tools for exploring, transforming, and analyzing on-chain data. Based in Singapore, SubQuery's technology is designed to simplify complex blockchain data interactions, making it more accessible for developers and applications within the Web3 ecosystem. This focus on data infrastructure positions SubQuery as a critical player in the burgeoning decentralized web.
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 D1 Ventures, Hypersphere, Digital Finance Group, Defi Alliance, and The Lao
Unspecified (2021): $9M led by Arrington Capital, Hypersphere, NGC Ventures, DCG, 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 in supporting early-stage crypto companies. Their focus on collaboration and backing leading founders makes them a key partner for SubQuery's growth.
Hypersphere
Hypersphere Capital is a crypto-native investment platform that targets asymmetric opportunities in both private and public digital asset markets. Their expertise in blockchain networks and venture capital is instrumental in SubQuery's strategic development.
NGC Ventures
NGC Ventures is an early-stage venture capital fund with a deep focus on blockchain infrastructure since 2017. Their experience with major projects like Solana and Avalanche provides valuable insights for SubQuery's expansion.
What's next for SubQuery?
With the recent infusion of major strategic capital, SubQuery is poised for an accelerated growth trajectory. The company is likely to focus on expanding its technological capabilities, enhancing its data indexing services, and broadening its developer community support. Further investment will probably be directed towards scaling its infrastructure to meet the increasing demand for efficient blockchain data access across various networks. This strategic financing signals strong investor confidence in SubQuery's vision and its potential to become a foundational element of the decentralized internet's data layer.
See full SubQuery company page
