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peaq

company

About

peaq is a Berlin based deep-tech company developing decentralized infrastructure for the Economy of Things.

Details

Last Funding Type
Seed
Last Funding Money Raised
$6M
Industries
Blockchain,Information Technology,Internet,Internet of Things,IT Infrastructure,Software
Founded date
Jan 1, 2017
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Peaq Technology GmbH
Also Known As
peaq ,Peaq Technology GmbH

peaq is a Berlin-based deep-tech company developing decentralized infrastructure for the Economy of Things. Their platform infrastructure is powered by our novel Distributed Ledger Technology (DLT), the DAGchain. The DAGchain is a high-performance DAG-blockchain hybrid DLT designed specifically for the Internet/Economy of Things. It is built to exceed industry requirements for speed, scalability, predictability, decentralization, and consistency. Our platforms empower our clients to own, govern and maintain the infrastructure they use - solving fragmentation, trust, scaling, and interoperability issues while enabling devices and machines to autonomously exchange, synchronize and trade data in real time. We save our clients precious resources while enabling new efficiency-enhancing business models and allowing them to monetize the value they create autonomously, instantly and on their terms. To bring the infrastructure technology to market peaq developed an extensive Tech Stack, including tools such as the Blockchain Explorer and ready-to-integrate solutions for the Internet of Things.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$6M €3.25M
peaq has raised a total of $6M €3.25M in funding over 2 rounds. Their latest funding was raised on Aug 28, 2022 from a Funding Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 28, 2022 Funding Round 1 Detail
Jun 28, 2022 Seed $6M 11 Fundamental Labs Detail
Jun 9, 2021 Seed €2.50M 3 Scherzer & Co.
Werner Geissler
Detail
Oct 15, 2020 Angel €750K Detail

Investors

Number of Lead Investors
Number of Investors
3
15
peaq is funded by 15 investors. Fundamental Labs and Scherzer & Co. are the most recent investors.
Investor Name Lead Investor Funding Round
Fundamental Labs Yes Seed
Scherzer & Co. Yes Seed
Werner Geissler Yes Seed
PolkaBridge Ventures Funding Round
Ceras Ventures Seed
Cypher Capital Seed
Delta-v Capital Seed
GravityX Capital Seed
GSR Ventures Seed
HashKey Capital Seed

Employee Profiles

Number of Employee Profiles
12
peaq has 12 current employee profiles, including Executive Till Wendler
Executive
Advisor
Board member
Employee