Kyve.network is a Germany-based cloud platform that offers decentralized data storage solutions for developers. The network is powered by decentralized uploaders and validators. These nodes reside in pools, each pool focusing on archiving a specific data stream. Pools are funded by KYVE tokens.
The platform aims to optimize data usage on the blockchain by providing a scalable and cost-effective solution for developers. KYVE closed its last funding round on Jun 30, 2022 from a Venture - Series Unknown round. Alternatives and possible competitors to KYVE may include Solve.Care, Proof of Impact, and Tolemi.
Location: Russia, Moscow
Total raised: $2.8M
Investors 6
| Date | Name | Website |
| - | D1 Venture... | d1.venture... |
| - | 4SV - Four... | 4sv.io |
| - | Flori Vent... | floriventu... |
| - | HASH#CAPIT... | hashcib.co... |
| - | Compute Ve... | compute.ve... |
| - | Zee Prime ... | zeeprime.c... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 26.10.2021 | - | $2.8M | - |
Mentions in press and media 2
| Date | Title | Description | Source |
| 26.10.2021 | ‘Data Pipeline’ Protocol KYVE Raises $2.8M From Industry Ins... | An ambitious new project from a pair of young founders is hoping to expand and decentralize data acc... | coindesk.c... |
| - | Matthew Le Merle co-founded of top-ranked crypto fund that s... | Yuichiro Chino This story is available exclusively to Insider subscribers. Become an Insider and sta... | businessin... |