# ChainSafe Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chainsafe-systems

- Industry: Internet
- Headquarters: Toronto, Canada
- Website: www.chainsafe.io
- Total disclosed funding: $19M
- Latest round: Series A (Oct 18, 2022)
- Investors on record: 9

## About

Based in Ontario, Canada, and founded in 2017, ChainSafe Systems Inc. operates as a research and development company focused on blockchain and web3 infrastructure. The company was founded by its CEO Aidan Hyman, Elizabeth Kukka, CTO Gregory Markou, COO Hatcher Lipton, Priom Chowdhury, and Stuart Peters. In October 2022, ChainSafe Systems Inc. raised USD 18.75 million in Series A funding led by Round13 Capital, NGC Ventures, Digital Finance Group, and Fenbushi Capital. As of 2022, the company had more than 120 employees.

The product line of ChainSafe Systems includes web3.unity, which is a web3 gaming marketplace; ChainSafe storage, which is an end-to-end encrypted file storage app; ChainSafe files, which is a decentralized cloud storage provider. The services offered by the company include crypto economics consulting; technical design advisory and implementation consulting; engineering; smart contract auditing, and more.

The company plans to use the funds raised in October 2022 to accelerate the development of web3 infrastructure.

## Funding rounds

- Series A, Oct 18, 2022, $19M — Round13 Capital, Fenbushi Capital, Digital Finance Group, HashKey Capital, NGC Ventures, Sfermion, Jsquare
- Seed, Mar 1, 2020 — Fenbushi Capital, Digital Finance Group, IOSG Ventures, ConsenSys Mesh

## Investors

- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed, Series A
- Digital Finance Group (https://capitalatlas.ai/funds/digital-finance-group) — Seed, Series A
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Seed
- ConsenSys Mesh (https://capitalatlas.ai/funds/consensys-mesh) — Seed
- Round13 Capital (https://capitalatlas.ai/funds/round13-capital) — Series A
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series A
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Series A
- Sfermion (https://capitalatlas.ai/funds/sfermion) — Series A
- Jsquare (https://capitalatlas.ai/funds/jsquare) — Series A