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GRN GRID

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Environmentally sustainable Layer 1 blockchain focused on decentralized finance

SwitzerlandFounded 2022Fintech
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About GRN GRID

GRNGrid is a startup operating in the blockchain and cryptocurrency market, offering a sustainable solution to the carbon footprint associated with these technologies. The company's primary product is a decentralized network powered by renewable energy, which is used to validate transactions on the blockchain. This is achieved through a method known as Proof of Stake v2, which provides security and a host of features aimed at making cryptocurrency more accessible.

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GRNGrid's business model revolves around transaction fees and staking rewards. The company's own cryptocurrency, GRN, serves as the fuel for all activities on the network. This includes not only transaction validation but also the development of green energy campuses, which are funded through charitable donations voted on by the network's users.

The company's target clients are users and enthusiasts of cryptocurrencies who are conscious about the environmental impact of blockchain technologies. By offering a more sustainable alternative to traditional blockchain networks, GRNGrid is positioning itself in a niche yet rapidly growing market.

The company's technology also includes a unique verification method known as Lightning Trail Verification (LTV), which allows for near-instant transactions while keeping the network stable and scalable under any circumstances.

In summary, GRNGrid is a blockchain startup that combines cryptocurrency with sustainability, offering a green alternative to traditional blockchain networks. Its business model is based on transaction fees and staking rewards, and it targets environmentally conscious cryptocurrency users.

Source: Dealroom company data

At a glance

Founded
2022
Headquarters
Switzerland
Sector
Fintech

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • GEM Digital
Employees 4 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇭 Switzerland HQ
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Market sentiment

Posts on X, past 7 days

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