Convex Foundation is a UK-based startup founded in 2020, specializing in lattice technology for the Internet of Value. The company's slogan, "Pioneering Lattice Technology for the Next Generation Internet. All the advantages of blockchain without the compromises," highlights its innovative approach.
Convex is built as a lattice technology platform, offering fast, scalable, and open technology for digital assets, DeFi, NFTs, and powerful dApps. The platform is designed to enable decentralized, programmable economic systems at Internet scale. Convex utilizes a novel convergent execution algorithm that achieves rapid consensus and merges beliefs shared by peers.
The company envisions a global, open, automated, secure, extensible, fast, and cost-effective network to serve the needs of the digital economy. Convex aims to address the limitations of traditional approaches by creating a decentralized system that supports economic exchanges while providing robust security and scalability.
The last investment received by Convex Foundation was in a Seed Round on 26 December 2022. The details of the investors for this round are not disclosed. Additionally, the company operates in industries such as Big Data, Blockchain, Data Analytics, Financial Services, IT, Internet, Payments, and Banking.
Overall, Convex Foundation presents an intriguing proposition with its lattice technology platform, positioning itself as a potential disruptor in the evolving landscape of decentralized economic systems and the Internet of Value.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | Unknown | - | 26 Dec 2022 |