What is SubQuery?
SubQuery is a Singapore-based technology firm dedicated to enhancing the utility of decentralized blockchain data. By establishing a comprehensive marketplace for data indexing and provisioning, the company provides developers within the Polkadot and Kusama ecosystems with the essential infrastructure to explore, transform, and analyze on-chain information. This service layer is vital for the creation of high-performance decentralized applications, effectively bridging the gap between raw blockchain data and actionable insights for end-users and developers alike.
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 Digital Finance Group, D1 Ventures, The Lao, Hypersphere, and Defi Alliance
Unspecified (2021): $9M led by Stratos Technologies, DCG, Arrington Capital, Hypersphere, and NGC Ventures
Key Investors in SubQuery
Digital Finance Group
Digital Finance Group is a research-driven family office managing over $1 billion in digital assets, focusing on empowering blockchain and Web 3.0 technologies through concentrated positions in decentralized infrastructure.
Hypersphere
Hypersphere Capital is a crypto-native investment platform that partners with early-stage and public blockchain networks, targeting asymmetric opportunities in both private and public digital asset markets.
Arrington Capital
Arrington Capital is a thesis-driven investment firm focused on digital assets and Web3, having supported over 200 early-stage companies in the crypto ecosystem since 2017.
What's next for SubQuery?
With the recent influx of capital, SubQuery is poised to scale its operations and expand its technical capabilities to support a broader range of blockchain protocols. The strategic focus will likely center on enhancing the performance of its indexing engine and fostering a more vibrant ecosystem of data consumers and providers. By leveraging its current market position, the company aims to become the standard for data provisioning in the decentralized web, ensuring that developers have the reliable, low-latency access required to build the next generation of Web3 applications. Future initiatives will likely prioritize cross-chain compatibility and the decentralization of its own indexing network to ensure long-term sustainability and resilience.
See full SubQuery company page
