# Dusk Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dusk-network-b-v

- Industry: IT Security/Cybersecurity
- Headquarters: Amsterdam, Netherlands
- Website: www.dusk.network
- Total disclosed funding: $8.4M
- Latest round: Seed (Nov 1, 2018)
- Investors on record: 4

## About

Dusk Network B.V. is a technology company focused on merging traditional finance with decentralized finance (DeFi) through innovative privacy-preserving solutions and smart contracts.Dusk Network B.V. operates within the finance sector, offering cutting-edge solutions that enhance transactional privacy and regulatory compliance. Founded by Emanuele Francioni, Fulvio Venturelli, and Jelle Pol, the company is headquartered in Amsterdam, Netherlands. The latest funding round occurred in September 2020, when Dusk Network raised USD 1 million led by Bitfinex, marking a pivotal moment in its growth trajectory. The company has successfully completed three deals to date.Dusk Network offers a suite of products designed to revolutionize the finance sector by bridging traditional financial instruments and decentralized finance (DeFi). Their core offerings include privacy-preserving smart contracts that facilitate transactions while ensuring regulatory compliance and self-custody of assets. By leveraging this technology, Dusk Network aims to provide businesses, institutions, and individual users unprecedented access to institutional-grade assets across a unified platform. The end users encompass a broad spectrum, including institutional investors who benefit from instant clearance and settlement, businesses that can automate financing processes, and individual users seeking access to asset-backed tokens without compromising their privacy. The Dusk Network operates in several geographical markets including North America, Europe, and parts of Asia, addressing the needs of a diverse clientele ranging from financial institutions to retail crypto users.The revenue model of Dusk Network is based on transaction fees generated through the use of its platform’s smart contracts and associated services. Clients, including businesses and institutions, engage with the platform to access financing and automation solutions, incurring fees tied to transaction volumes and service usage. Specific pricing plans reflect the modular nature of their offerings, allowing clients to choose the level of service that best fits their operational needs. Partnerships with key investors, such as Bitfinex, further solidify the revenue streams linked to the adoption and expansion of Dusk's innovative financial solutions.Dusk Network plans to enhance its product offerings by introducing new features and smart contract functionalities, with developments expected to launch in the coming quarters. The company aims to expand into additional markets in Asia and North America by the end of 2023, increasing its global footprint. The recent funding of USD 1 million will support these initiatives, allowing for investment in technology and market entry strategies.

## Funding rounds

- Seed, Nov 1, 2018, $8.4M — Blockwall Management, Olymp Capital, Wentworth Hall, Maven11 Capital

## Investors

- Blockwall Management (https://capitalatlas.ai/funds/blockwall-management) — Seed
- Olymp Capital — Seed
- Wentworth Hall — Seed
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed