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Based in Toronto, Canada, ChainSafe Systems is a blockchain research and development firm specializing in protocol engineering, infrastructure development, and web3 gaming. The company builds open-source tools and services across multiple decentralized ecosystems, including Polkadot and Filecoin, operating with a globally distributed workforce of over 120 employees. Its client and partnership portfolio includes prominent industry entities such as the Ethereum Foundation, ConsenSys, and Polymath. ChainSafe Systems has raised approximately $20 million in total venture funding, including an $18.75 million Series A round led by Round13 Capital with participation from HashKey Capital. The firm generates its revenue primarily through consulting engagements, client projects, and ecosystem grants, reaching $15 million in annual revenue by 2022. Initially meeting at a local developer meetup, the organization was founded in 2017 by Aidan Hyman, Hatcher Lipton, Priom, Stu, and Greg.
ChainSafe Systems has raised $18.8M across 1 funding round.
ChainSafe Systems has raised $18.8M in total across 1 funding round.
ChainSafe Systems has raised $18.8M in total across 1 funding round.
ChainSafe Systems's investors include Khaled Verjee, Digital Finance Group, Fenbushi Capital, HashKey Capital, Jsquare, NGC Ventures, Sfermion.
ChainSafe Systems has raised $18.8M across 1 funding round. Most recently, it raised $18.8M Series A in October 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 18, 2022 | $18.8M Series A | Khaled Verjee | Digital Finance Group, Fenbushi Capital, HashKey Capital, Jsquare, NGC Ventures, Sfermion | Announced |