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ParallelChain
A blockchain technology company focusing on the research and development privacy-focused layer-1 blockchain platform
About ParallelChain
ParallelChain Lab is at the forefront of distributed ledger and AI technology, offering high-performance blockchain solutions designed to unlock digital transformation. The company operates in the blockchain and AI markets, serving businesses that require secure, private, and scalable blockchain infrastructure. ParallelChain's ecosystem includes two layer 1 platforms: the public Mainnet and private networks, which are interoperable through a secure channel called Inter ParallelChain Communication (IPC). The business model revolves around providing blockchain infrastructure that supports both public and private applications, enabling clients to benefit from high transaction speeds and robust security features. ParallelChain makes money by offering its blockchain technology to enterprises, which can leverage its capabilities for various applications, including metaverse interfaces, secure data auditing, and decentralized applications. The company's flagship products, ParallelChain Private and ParallelChain Mainnet, boast impressive transaction speeds of up to 120,000 transactions per second and 3 millisecond confirmation times, making them some of the fastest and most reliable blockchain solutions available.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Eastern District, Hong Kong
- Employees
- 24
- Open positions
- None listed
- Dealroom signal
- 31.6/100
- Industry
- Security
- Sub-industry
- Data protection
- Sector
- Cybersecurity, Hard Tech, DT and LS
- Technology
- Blockchain, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning ParallelChain.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Sep 2022 | $50M | $200M | GEM Digital | ↗ |
| FundingOther financing | Jan 2022 | $0 | — | MH Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for ParallelChain is 730 monthly website visits, down 39.2% over the last three months. ParallelChain's team declined 4% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
GTA Venture
Series B and later1 investor entered at this stage
GEM Digital
Other known investors1 additional known investor
MH Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about ParallelChain on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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