Biconomy is a Web3 developer and transaction infrastructure platform that helps developers deliver effortless experiences to their end users. We simplify UX to power the mass adoption of Web3. We believe this is achievable with a decentralised UX stack that gives developers powerful tools to remove UX complexities, onboard users, and scale their dApps. The plug-n-play solution allows Web 3 interactions to be smooth and seamless between DApps and end-users by removing blockchain complexities. We do this by providing a multi-chain non-custodial, and gas efficient relayer infrastructure network that enables meta transactions at scale. As a team of Web 3.0 evangelists, we strive to solve complex problems, challenge the status quo and to continuously learn from our mistakes. We are on a fun and inspiring journey in enabling the digital economies of the future. All of our team love having virtual get-togethers, game-nights and whilst we are fully remote, we have awesome in-person team retreats. We are currently developing a platform (an SDK and dashboard) that utilizes the merits of meta transactions to allow end-users that are unfamiliar with crypto to seamlessly use dApps without them having to learn about wallets, crypto and paying transaction fees. If you want to be a part of the future of the internet and are passionate about crypto – our team is for you!
Location: Pakistan, Islamabad Capital Territory, D-12
Employees: 11-50
Total raised: $109M
Founded date: 2019
Investors 16
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Funding Rounds 2
| Date | Series | Amount | Investors |
| 03.11.2021 | - | $100M | - |
| 29.07.2021 | - | $9M | - |
Mentions in press and media 28
| Date | Title | Description |
| 12.06.2024 | Protocol Village: Aethir, for Sourcing GPUs, Launches Decentralized Cloud on Ethereum | June 12: Aethir, a blockchain project to source underutilized graphical processing units (GPUs) for intensive tasks like AI model training and gaming, launched its decentralized cloud compute network on the Ethereum mainnet, according to a ... |
| 03.04.2024 | Unified Liquidity Platform Range Protocol Unveils Skate: The First Universal Application Layer Powering Apps to Run on All Chains With One State | Singapore, Singapore, April 3rd, 2024, Chainwire Skate is backed by leading founders in web3, including EigenLayer, Polygon, Manta, Axelar, Pendle, A41 and Galxe, supporting its vision to make web3 efficient for a modular future by solving ... |
| 07.04.2023 | Проблематика текущей концепции мировой сетевой инфраструктуры и решение при помощи децентрализованного детерминизма... | Всем привет, уважаемые Хабровцы! Пишу вам о наболевшем. О WEB 3.0. Понимаю, что и информация была много где и много разрозненной информации, но в этой статье я постарался рассказать всю основную информацию по всем основным понятиям. Часть и... |
| 31.03.2022 | Web3-based football management game Footium scores $3.35 million | For every champion, there will always be a challenger. While Football Manager is perhaps the best and most well-known in the genre, Footium is blowing the whistle, raising a yellow card, and offering football fans an alternative option. By ... |
| 03.11.2021 | Canadian Cryptocurrency Exchange Biconomy, Together with Partner Fund LT Capital, Launches a Fund for $100M | Toronto, Ontario--(Newsfile Corp. - November 3, 2021) - Biconomy is one of the biggest Canadian cryptocurrency exchanges already online. Founded in 2019, the company has offices in Canada, the United Kingdom, Russia, Brazil, South Korea, an... |
| 28.10.2021 | Biconomy Raises $11.5M in Public Sale of Native Token BICO | Multi-chain transaction network Biconomy has raised $11.5 million through the public sale of its native token BICO on CoinList. Biconomy, which raised $9 million in July from investors including Coinbase Ventures and Huobi Innovation Labs, ... |
| 15.09.2021 | Biconomy Integrates With Showtime, Bringing Free Minting To The NFT Social Network | Biconomy , a multichain relayer network building infrastructure to simplify the web3.0 experience, announced it has integrated with Showtime, the user-owned NFT social network, to remove the major hurdle for buyers and creators, by enabling... |
| 02.08.2021 | VCBay Weekly News Roundup – 9Unicorn launches student VC firm, Fintech startups raise funding | Welcome to VCBay Weekly News Roundup. Here are some important developments in the startup space and major funding rounds this week – |
| 29.07.2021 | [Funding alert] Blockchain developer tool provider Biconomy raises $9M led by Mechanism Capital and DACM | Blockchain transaction platform Biconomy said it has raised $9 million in a private funding round led by DACM and Mechanism Capital, with strategic investments from Coinbase, Bain Capital, Coinfund, NFX, True Ventures, Proof Group, Ledgerpr... |
| 29.07.2021 | Blockchain Transaction Platform Biconomy Raises $9 Mn From DACM And Others | Blockchain transaction platform Biconomy announced today that it has raised $9 Mn in a private funding round led by DACM and Mechanism Capital, with strategic investments from Coinbase, Bain Capital, Coinfund, NFX, True Ventures, Proof Grou... |
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