Paris-based Bubblemaps, a dynamic firm specializing in blockchain data visualization, has made a significant stride in its mission to revolutionize the accessibility of blockchain data. The company proudly announced on Monday that it successfully raised $3.2 million in a seed funding round, with INCE Capital spearheading the investment initiative. This substantial infusion of capital is earmarked to facilitate greater access to blockchain data, catering to the needs of both individuals and institutions.
Boosting Blockchain Data Access
Bubblemaps, with its $3.2 million seed funding secured, is poised to further enhance the accessibility of blockchain data. The company aims to empower a wide spectrum of users, from individual enthusiasts to established institutions, by providing insightful and user-friendly data visualization tools.
Key Investors Backing Bubblemaps
INCE Capital led the charge in this seed funding round, underlining its commitment to the potential of Bubblemaps’ innovative approach to blockchain data visualization. A consortium of notable contributors joined INCE Capital in this investment endeavor, including Cronos Chain, Avalanche, V3ntures, Momentum 6, Lbank, Stake Capital, and several others.
Bubblemaps’ Unique Offering: A Deeper Dive
Bubblemaps’ platform is designed to offer users engaging and informative bubble visualizations that are intricately connected to onchain data from various blockchains. This visualization approach extends its utility to decentralized finance (DeFi) ecosystems and non-fungible tokens (NFTs). Bubblemaps has proudly positioned its platform as the “first supply auditing tool for DeFi tokens and NFTs.”
Strategic Partnerships with Blockchain Projects
Bubblemaps has proactively forged partnerships with a diverse range of blockchain projects, further expanding its influence in the blockchain data visualization landscape. Notable collaborations include associations with Polygon, Fantom, Cronos, BNB, Arbitrum, and Avalanche, which have undoubtedly enriched Bubblemaps’ insights and capabilities.
A Growing Trend in Blockchain Analytics Investment
The past few years have witnessed a burgeoning trend in investments in companies specializing in blockchain and cryptocurrency analytics. Notable examples include Messari’s $21 million raise in August 2021, Coin Metrics securing $15 million in May of the same year, Dune Analytics’ impressive $69.4 million raise in February 2022, and Cryptoslam’s $9 million funding round in the preceding month.
As Bubblemaps embarks on its mission to democratize access to blockchain data with its freshly acquired $3.2 million in seed funding, it joins the ranks of innovators shaping the future of blockchain analytics. The investment landscape continues to reflect the growing significance of data visualization tools in understanding and harnessing the potential of blockchain technology. With the backing of influential investors, Bubblemaps is well-positioned to lead this charge, opening new horizons for blockchain enthusiasts and institutions alike.