Concordium

Concordium

Signal active

Investment Firm

Overview

Concordium is a privacy-focused blockchain for enterprises and governments, and the first project to have an innovative user identity layer built-in at the protocol level. Based in Zug, Switzerland, Concordium utilizes smart contracts and the cryptographic concept of zero-knowledge proofs, wherein users can verify that something is true without physically seeing the evidence.
Designed to integrate with existing financial and business systems that must authenticate users’ identity on a day-to-day basis, Concordium has also been created to meet regulatory approval. While the data about network participants is anonymized on-chain, the platform retains the ability to revoke anonymity in a decentralized process only if requests are made by a legal authority. Concordium’s mainnet is due to launch in early 2021, with its incentivized testnet having already attracted plenty of interest.

Highlights

Founded

2018

Industry

Information Technology

Employees

51-100

Investment

3

Lead Investment

2

Exits

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Stages

Seed

Investor Type

N/A

Location

Zug, Switzerland, Europe

Contact Information

Social

Profile Resume

Concordium, established in 2018 and headquartered in Zug, Switzerland, Europe., specializes in Seed investments across Artificial Intelligence (AI), Machine Learning, Education, Blockchain, EdTech, Information Technology, Internet, Trading Platform, Venture Capital, Financial Exchanges. Their recent investments include Edubuk, Concordex, Seier Capital, Skynet Trading, PHI Inc.. The highest investment round they participated in was $47.8M. Among their most notable exits are Edubuk and Concordex. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Lone Fonns Shroder

Lone Fonns Shroder

CEO

Investment portfolio

Concordium has made 3 investments. Their most recent investment was on Aug 01, 2023, when Edubuk raised $10.0K.

investments

3

Diversity investments

0

Lead investments

2

Number of exits

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Investments

3

Annouced DateOrganization NameIndustryMoney Raised
Feb 17, 2022
PHI Inc. PHI Inc.
Internetnull
Dec 19, 2022
Concordex Concordex
Information Technology1.7M
Aug 01, 2023
Edubuk Edubuk
Artificial Intelligence (AI)10.0K

Exits

0

Funding Timeline

Funding rounds

3

Investors

7

Funds

0

Funding Rounds

3

Concordium has raised 3 rounds. Their latest funding was raised on Aug 01, 2023 from a Grant - Edubuk round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Feb 17, 2022
Grant - PHI Inc. Grant - PHI Inc.
-0-
Dec 19, 2022
Seed Round - Concordex Seed Round - Concordex
-1.7M-
Aug 01, 2023
Grant - Edubuk Grant - Edubuk
-10.0K-

Investors

9

Concordium is funded by 9 investor(s). Avalon Wealth Club and AGE Crypto Asset Investment Fund Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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