# Bluzelle Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluzelle-networks

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.bluzelle.com
- Total disclosed funding: $1.9M
- Latest round: Series A (Aug 28, 2017)
- Investors on record: 3

## About

Bluzelle Networks Inc. is a decentralized data management company specializing in innovative blockchain solutions tailored for scientific research, particularly in longevity studies, enabling secure and efficient data operations across various sectors.Founded in 2014 and headquartered in Singapore, Bluzelle Networks Inc. provides decentralized data management solutions. The company has raised a total of USD 1.00 mn through various funding rounds, the latest being in March 2018 from NEO Global Capital. The firm has completed three deals to date.Bluzelle offers a comprehensive suite of decentralized science (DeSci) solutions aimed at transforming the landscape of scientific research and innovation, particularly in the realm of longevity studies. At the core of their offerings is the Bluzelle Chain, a high-performance blockchain designed for seamless data management and interoperability with Cosmos, capable of processing 10,000 transactions per second (TPS). Complementing this is Bluzelle R2 Storage, a decentralized storage solution that ensures secure and censorship-resistant access to data, files, and non-fungible tokens (NFTs), leveraging the InterPlanetary File System (IPFS). Additionally, the Capella marketplace facilitates the tokenization of intellectual property (IP) and patents, creating a trusted environment for DeSci innovation. Bluzelle targets a global market, providing its services to researchers, institutions, and industry partners across sectors such as healthcare, engineering, and aerospace, with particular emphasis on the United States, Europe, and Asia.Bluzelle's revenue for the most recent year, 2019, was USD 1,680,435.20, with an EBITDA of USD -3,746,554.30. The company's revenue model is primarily driven by the use of its flagship products within the decentralized science ecosystem, particularly through the BLZ token, which serves as the currency for transactions and participation within the platform. Clients engage with the platform for services such as research crowdfunding, patent storage, and NFT issuance, facilitating direct interactions with researchers and developers. The structure of transactions may involve B2B partnerships, generating revenue from transaction fees associated with token exchanges and service utilization.In March 2018, Bluzelle Networks Inc. raised USD 1 million in venture funding from NEO Global Capital. The company plans to utilize these funds to enhance its existing products and develop new offerings aimed at expanding into additional markets, particularly in Europe and Asia by 2023. Future product launches include advanced features for the Bluzelle Chain and R2 Storage, which are expected to roll out in the next 12 to 18 months. Bluzelle aims to solidify its presence in the decentralized science sector, targeting researchers and institutions that demand secure, efficient, and innovative data solutions.

## Funding rounds

- Series A, Aug 28, 2017, $1.5M — Global Brain, True Global Ventures, LUN Partners Capital
- Seed, Aug 30, 2016, $0.4M — True Global Ventures

## Investors

- True Global Ventures (https://capitalatlas.ai/funds/true-global-ventures) — Seed, Series A
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series A
- LUN Partners Capital (https://capitalatlas.ai/funds/lun-partners-capital) — Series A