How Much Did Hivello Raise? Funding & Key Investors

Hivello has successfully raised funding through three rounds, with notable investors including Blockchange Ventures, NGC Ventures, and Animoca Brands. The platform enables users to rent out their spare computer resources and connect with various Web3 protocols.

Keep reading to explore the intricacies of Hivello's fundraising journey and the investors backing this innovative platform.

What Is Hivello?

Hivello is a DePIN aggregator based in Amsterdam, Noord-Holland, The Netherlands. The company operates in the Information Technology, Internet of Things, and Web3 industries. It enables users to rent out their spare computer resources to earn passive income.

Founded as a private company, Hivello has a small team of 11-50 employees. The platform integrates with various decentralized networks and offers its own token, $HVLO, which users can buy, stake, and use within the ecosystem.

How Much Funding Has Hivello Raised?

1. Round Name: Pre-Seed
   • Amount Raised: USD 2,500,000
   • Date: December 2023
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand their DePIN aggregator platform and enhance their technology.
2. Round Name: Seed
   • Amount Raised: USD 50,000
   • Date: December 2024
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and connect more users with various Web3 protocols.
3. Round Name: Seed
   • Amount Raised: Not publicly disclosed
   • Date: February 2025
   • Lead Investors: Animoca Brands
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To innovate and simplify DePIN nodes, making them more user-friendly.

Total Amount Raised: USD 2,550,000

Current Valuation: Not publicly disclosed

Key Investors

• Animoca Brands
  • Details: Animoca Brands is a global leader in gamification and blockchain, known for driving digital property rights to help build the open metaverse. The company has a large portfolio of over 540 investments in Web3.
  • Investment Focus Areas: Digital entertainment, blockchain, gamification, advancing digital property rights.
  • Notable Investments: The Sandbox, Blowfish Studios, Quidd.
• Blockchange Ventures
  • Details: Blockchange Ventures is a venture capital firm that participated in Hivello's seed funding rounds. The firm focuses on investing in blockchain and decentralized technologies.
  • Investment Focus Areas: Blockchain, decentralized technologies, Web3.
  • Notable Investments: Not publicly disclosed.
• NGC Ventures
  • Details: NGC Ventures is a prominent investment firm that also participated in Hivello's seed funding rounds. The firm is known for its investments in blockchain and cryptocurrency projects.
  • Investment Focus Areas: Blockchain, cryptocurrency, decentralized finance (DeFi).
  • Notable Investments: Not publicly disclosed.
• Taisu Ventures
  • Details: Taisu Ventures is an investment firm that participated in Hivello's funding round. The firm focuses on early-stage investments in technology and innovation.
  • Investment Focus Areas: Technology, innovation, early-stage startups.
  • Notable Investments: Not publicly disclosed.
• Contango
  • Details: Contango is an investment firm that participated in Hivello's funding round. The firm specializes in investments in emerging technologies and innovative solutions.
  • Investment Focus Areas: Emerging technologies, innovation, early-stage companies.
  • Notable Investments: Not publicly disclosed.

What's Next for Hivello?

Hivello stands at the cusp of significant growth, driven by strategic investments and the upcoming listing of its HVLO token on major exchanges like Gate.io and MEXC. These opportunities promise to expand their market reach and user base, leveraging the increasing interest in decentralized physical infrastructure networks (DePIN).

Future fundraising appears promising, with the strategic backing of Animoca Brands and other investors. This support could pave the way for additional funding rounds, enabling Hivello to further innovate and simplify DePIN nodes, making them more accessible to a broader audience.

However, challenges lie ahead. Hivello must ensure the security and reliability of its platform while competing with other DePIN aggregators. Simplifying complex decentralized networks for non-technical users will be crucial for sustained growth and user adoption.

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