In a sector where there is high demand for simple and insightful blockchain intelligence, Bubblemaps is positioning itself as a pioneer in advancing crypto research and due diligence through engaging and interactive visuals. In September 2023, the French startup achieved a significant milestone by raising 3 million euros in an oversubscribed funding round.
Platform that Transcends On-chain Analysis
Bubblemaps, known for its innovative representation of portfolios as bubbles, aims to democratize access to blockchain data, targeting both individual users and institutions transitioning to web3. This approach allows users to uncover hidden relationships, detect wash trading activities, expose corrupt DAOs, and ultimately bring much-needed transparency to the world of on-chain data.
Strong Backing and Ambitious Goals
This successful first funding round saw the participation of renowned VCs such as INCE Capital, Stake Capital, Momentum 6 & V3ntures, as well as notable angels like Nicolas Bacca (former CTO of Ledger), Dyma Budorin (CEO of Hacken), and Owen Simonin (aka Hasheur). The funding will primarily be used to improve the Bubblemaps platform, which experienced exponential growth in 2022, attracting over 100,000 monthly users.
Bubblemaps has partnered with several blockchains that share their vision for easy on-chain analysis, including Arbitrum, Polygon, Avalanche, and BNB Chain, some of which even participated in this funding round. Their ambition does not stop there – the company aspires to become the ‘Google Analytics’ of web3, providing brands with accurate and direct analyses.
Recognition and Strategic Partnerships
Bubblemaps is no stranger to the industry, with a strong community on X and groundbreaking studies that have made waves in the sector. It was even invited to join Google’s Web3 Startup Program this summer, marking a significant milestone in its upward trajectory.
The startup was also selected by L’Oréal and HEC to join their selective incubation program at Station F in April. It is committed to building advanced analytical tools for institutions transitioning to web3.
About the Team
Leading this innovative initiative are four co-founders: Nicolas Vaiman, CEO, and Léo Pons, CTO, both engineers from CentraleSupélec and experienced entrepreneurs in the crypto space; Arnaud Droz, COO, a skilled international entrepreneur with a degree from ECE Paris and a passion for blockchain technology; and Cameron McIntosh, CMO, a crypto advocate from the UK with a strong marketing background.
In a rapidly evolving industry, Bubblemaps seems well-positioned to become a major player in the web3 revolution, bringing transparency and innovation to the world of blockchain data.
