# bitsCrunch

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bitscrunch

- Industry: Financial Services
- Headquarters: Munich, Germany
- Website: www.bitscrunch.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Jun 1, 2021)
- Investors on record: 6

## About

Based in Munich, Germany, and founded in 2020 by Vijay Pravin, bitsCrunch GmbH is a blockchain analytics company that uses AI & ML to secure the NFT Ecosystem. In January 2022, bitsCrunch Ltd raised USD 3.6 million in venture funding led by Animoca Brands Corporation Limited, with participation from Coinbase Ventures, Crypto.com Capital, Thykeblock Ventures, Polygon Studios, Bison Fund Management, Borderless Capital, and some other investors.

The products of the company include unleash NFTs and NFT security services including scour, liquify, and crunch da vinci. Unleash NFT provides a real-time portfolio tracker/analytical dashboard for NFTs. Scour uses AI to identify the spoofing transactions that manipulate both the volume and price of the assets in the NFT ecosystem. Liquify uses AI and provides a precise value estimate of the NFT assets. Crunch DaVinci is an AI model trained on different digital assets capable of identifying forged/manipulated digital assets.

The company plans to use the funds raised in January 2022 to expand the team in India that can focus on securing many prominent blockchains like Solana, Polkadot, Algorand, and others.

## Funding rounds

- Seed, Jun 1, 2021, $0.8M — Covalent Partners, LedgerPrime, Double Peak Group, Genblock Capital, MEXC Global Ltd., Synaps

## Investors

- Covalent Partners (https://capitalatlas.ai/funds/covalent-partners) — Seed
- LedgerPrime — Seed
- Double Peak Group — Seed
- Genblock Capital (https://capitalatlas.ai/funds/genblock-capital) — Seed
- MEXC Global Ltd. — Seed
- Synaps — Seed