# Peaq Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/peaq-technology

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.peaq.io
- Total disclosed funding: $24M
- Latest round: Series A (Mar 27, 2024)
- Investors on record: 32

## About

Founded in 2017 and based in Berlin, Germany develops a permissionless, borderless digital infrastructure based on the blockchain platform built for managing intelligent devices. In March 2024, Peaq Technology GmbH raised USD 15 million co-led by Generative Ventures and Borderless Capital, with participation from Spartan Group, HV Capital, CMCC Global, Animoca Brands, Moonrock Capital, etc.

The firm offers a Layer-1 blockchain platform designed to support Decentralized Physical Infrastructure Networks (DePINs), focusing on various industries including mobility, energy, and agriculture. The firm offers modular functions for tokenizing and managing real-world assets like vehicles and devices. Key projects using Peaq include Silencio, MapMetrics, Teneo, Farmsent, and NATIX.

The company intends to use the March 2024 funding to further expand its ecosystem.

## Funding rounds

- Series A, Mar 27, 2024, $15M — HV Capital, Altana Wealth, Fundamental labs, Borderless Capital, NGC Ventures, CMCC Global, Moonrock Capital, TRGC, Crit Ventures, Animoca Brands, Spartan Group, Agnostic Fund, DWF Labs, Cogitent Ventures, Token Metrics Ventures, Generative Ventures, Protein Capital
- Seed, Jun 28, 2022, $6M — Delta-v Capital, Fundamental labs, Cypher Capital, HashKey Capital, GSR, Waterdrip Capital, Moonrock Capital, Master Ventures, GravityX Capital, Ceras Ventures, Mulana Capital
- Seed, Jun 3, 2021, $3M — MCG Capital, Smart Equity, F.A. Neuman GmbH & Co.KG, Scherzer & Co., Meteoric VC, Schlossstein Capital

## Investors

- MCG Capital (https://capitalatlas.ai/funds/mcg-capital) — Seed
- Smart Equity — Seed
- F.A. Neuman GmbH & Co.KG — Seed
- Scherzer & Co. (https://capitalatlas.ai/funds/scherzer-co) — Seed
- Meteoric VC (https://capitalatlas.ai/funds/meteoric-vc) — Seed
- Schlossstein Capital — Seed
- Delta-v Capital (https://capitalatlas.ai/funds/delta-v-capital) — Seed
- Fundamental labs — Seed, Series A
- Cypher Capital (https://capitalatlas.ai/funds/cypher-capital) — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed
- GSR — Seed
- Waterdrip Capital (https://capitalatlas.ai/funds/waterdrip-capital) — Seed
- Moonrock Capital (https://capitalatlas.ai/funds/moonrock-capital) — Seed, Series A
- Master Ventures (https://capitalatlas.ai/funds/master-ventures) — Seed
- GravityX Capital (https://capitalatlas.ai/funds/gravityx-capital) — Seed
- Ceras Ventures — Seed
- Mulana Capital (https://capitalatlas.ai/funds/mulana-capital) — Seed
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series A
- Altana Wealth — Series A
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Series A
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Series A
- CMCC Global (https://capitalatlas.ai/funds/cmcc-global) — Series A
- TRGC (https://capitalatlas.ai/funds/trgc) — Series A
- Crit Ventures (https://capitalatlas.ai/funds/crit-ventures) — Series A
- Animoca Brands (https://capitalatlas.ai/funds/animoca-brands) — Series A
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Series A
- Agnostic Fund — Series A
- DWF Labs (https://capitalatlas.ai/funds/dwf-labs) — Series A
- Cogitent Ventures (https://capitalatlas.ai/funds/cogitent-ventures) — Series A
- Token Metrics Ventures — Series A
- Generative Ventures (https://capitalatlas.ai/funds/generative-ventures) — Series A
- Protein Capital (https://capitalatlas.ai/funds/protein-capital) — Series A