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peaq is the Web3 network powering the Economy of Things (EoT) on Polkadot, the most environmentally-friendly blockchain network. peaq enables entrepreneurs and developers to build decentralized applications for vehicles, robots, and devices, while empowering users to govern and earn as connected machines provide goods and services.
Together with leading consortia, including Gaia-X and MOBI, peaq is co-creating the standards that will power the future of mobility and other connected industries while working to democratize abundance in the Age of Automation.
Together with leading consortia, including Gaia-X and MOBI, peaq is co-creating the standards that will power the future of mobility and other connected industries while working to democratize abundance in the Age of Automation.
Overview
Location
Germany, Berlin
Employees
11-50
Total raised
$24.05M
Founded date
2017
Investors 10
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Delta Blockchain Fund | deltafund.io | |
| YAP Capital | yapcapital.ventures | |
| FOMO Ventures | fomo.ventures | |
| XVentures | xventures.de | |
| Mulana Capital | mulana.vc | |
| The Portal Fund | theportal.fund | |
| Jan 12, 2023 | Advanced Blockchain AG | advancedblockchain.com |
| Token Metrics Ventures | ventures.tokenmetrics.com | |
| Aug 5, 2024 | CRIT Ventures | crit.vc |
Funding Rounds 3
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Jun 28, 2022 | Funding round | $6M | |
| Jun 9, 2021 | Funding round | $3.05M |
Mentions in press and media 35
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Nov 20, 2025 | Acurast: Smartphones Power Decentralized Computing | Acurast secured $11M to transform smartphones into a global compute network. It leverages existing hardware for secure, confidential workloads. This bypasses traditional data centers. The incentivized testnet saw significant adoption. Mainn... |
| Nov 18, 2025 | Acuratis secures $11 million to turn phones into a global compute network | Acurast is launching “the real decentralized compute network,” by transforming ordinary smartphones into verifiable compute nodes. This approach leverages the world’s largest installed hardware base, enabling users to securely and confiden... |
| Feb 13, 2025 | Teneo Secures $3 Million to Build a User-Owned Social Media Data Economy | Zug, Switzerland, February 13th, 2025, Chainwire Teneo Protocol, the DePIN democratizing social media data access, secured $3 million in seed funding. The round was led by prominent venture funds RockawayX and Borderless, with co-lead parti... |
| Sep 22, 2024 | Web3 focused Borderless Capital Announces $100M Fund to Enable DePIN Development | Listen to this article 0:00 / 0:05 1X BeyondWords Borderless Capital, a Web3 investment manager, has launched its third DePIN-focused fund, a $100 million fund designed to accelerate the growth and development of Decentralized Physical Infr... |
| Sep 5, 2024 | We Need DePIN to Get to Net-Zero Emissions | Energy equals life. It warms, cools, and lights our homes. It moves the trucks that bring our groceries. It fuels the chips that drive the AI revolution. Energy can be considered a human right, and unless we transition to a zero-emissions e... |
| Sep 4, 2024 | Bistroo joins peaq ecosystem creating a new era for blockchain in food delivery | In a boost for real-world commercial blockchain applications, Dutch food delivery and takeout platform Bistroo has joined the peaq ecosystem. This partnership significantly expands the reach of the peaq ecosystem by bringing over 100,000 ex... |
| Aug 5, 2024 | DePIN and Machine Data Can Change Web3 | Over the past decades, machine data has emerged as one of the world’s most valuable assets. From manufacturing and agriculture to transportation and healthcare, the data generated by machines is driving innovation and efficiency. Yet, despi... |
| Jul 18, 2024 | DePIN Allows Us to Be Stakeholders in the Machine Economy | Over the past few years, robots have been taking on more and more roles in the economy, estimated to wipe out up to 375 million jobs by 2030. The AI boom we see now will only accelerate this process, enabling smart machines to capture even ... |
| Jul 10, 2024 | The Protocol: Side-Dealing Accusations Put Crypto VC Funding in Spotlight | The Ethereum Foundation's Vitalik Buterin drew more than 1,000 people into a room in Brussels at the EthCC conference, and CoinDesk's Margaux Nijkerk was on the scene. We've got that story plus lots of announcements emanating from Europe's ... |
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FAQ about peaq
When was peaq founded?
peaq was founded in 2017.
How much funding has peaq raised?
peaq has raised $24.05M in total across 3 funding rounds.
What funding rounds has peaq raised?
Parsers VC lists 3 funding rounds of peaq, among them a funding round of $6M on Jun 28, 2022 and a funding round of $3.05M on Jun 9, 2021.
Who has invested in peaq?
Parsers VC lists 10 investors of peaq, among them CRIT Ventures, Advanced Blockchain AG and Delta Blockchain Fund.
What has the press written about peaq?
Parsers VC has collected 35 articles mentioning peaq, among them “Acurast: Smartphones Power Decentralized Computing” (Nov 20, 2025) and “Acuratis secures $11 million to turn phones into a global compute network” (Nov 18, 2025).
Is peaq still active?
Yes, peaq is active; its latest activity on Parsers VC dates from Aug 10, 2026.