peaq
peaq is a crypto & web3 company in Abu Dhabi, United Arab Emirates, founded in 2021. It has raised $21.0M across 2 rounds, most recently a $15.0M Venture Round in 2023 (est.).
- Headquarters
- Abu Dhabi
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- peaq.xyz
- Total Funding
- $21.0M
- Last Round
- $15.0M Venture RoundJan 2023
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 8 investors for this company. The full record is or through the API.
About
peaq is a Layer-1 blockchain purpose-built for DePIN (Decentralized Physical Infrastructure Networks) and the Machine Economy, enabling robots, vehicles, IoT devices, and AI agents to operate as autonomous economic actors on any chain. Through peaqOS, machines can be assigned on-chain identities and wallets, provide services, trade with other machines, and prove their actions — creating a trustless infrastructure layer for real-world machine deployments. The network is home to 60+ applications across 20+ industries, with 6 million machines and humans onboarded and over 48 million transactions processed by machines on the platform.
Summary
It lists 11–50 employees. It has raised $21.0M in total across 2 rounds, most recently a $15.0M Venture Round in 2023 (est.). Investors include Generative Ventures, Borderless Capital and Fundamental Labs.
Tech & App Stack
11 technologies & apps tracked
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Funding History
2023 (est.)
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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.
Investors
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