VeChain company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

vechain.org

Stage

Incubator/Accelerator - II | Alive

Mosaic Score

+20 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About VeChain

VeChain (唯链), a subsidiary of China's BitSE, is enterprise software designed to create, manage, maintain, and update shared data about products in the supply chain.

VeChain Headquarter Location

7 Straits View Marina One East Tower, #05-01

018936,

Singapore

+65 (0) 9037 9543

ESPs containing VeChain

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Supply Chain & Logistics

Platforms that leverage distributed ledger technology to facilitate secure communication between disparate supply chain partners. This can support improved inventory tracking, fraud reduction, and reduce overhead costs related to paperwork.

VeChain named as Leader among 8 other companies, including Everledger, Provenance, and DUST Identity.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Supply Chain & Logistics

Platforms that leverage distributed ledger technology to facilitate secure communication between disparate supply chain partners. This can support improved inventory tracking, fraud reduction, and reduce overhead costs related to paperwork.

VeChain named as Leader among 8 other companies, including Everledger, Provenance, and DUST Identity.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare / Biopharmaceuticals

These companies provide solutions that leverage distributed ledger technology — decentralized digital databases — to facilitate secure communication between disparate supply chain partners. These solutions can support improved inventory tracking, fraud reduction, and reduce overhead costs related to paperwork.

VeChain named as Outperformer among 4 other companies, including Hashed Health, TraceLink, and Moeco.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing VeChain

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned VeChain in 1 CB Insights research brief, most recently on Mar 22, 2022.

Expert Collections containing VeChain

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

VeChain is included in 4 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,926 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

L

Luxury Tech

403 items

Tech-enabled companies launching new luxury brands, as well as startups providing tech solutions to the luxury industry, including e-commerce tools, marketing, and more. While these companies may not exclusively target luxury companies, they have notable luxury partners.

P

Pharma Supply Chain

99 items

Private companies that are addressing 11 distinct technology priorities across the pharmaceutical supply chain.

B

Biopharma Tech

401 items

VeChain Patents

VeChain has filed 10 patents.

The 3 most popular patent topics include:

  • Cryptocurrencies
  • Cryptography
  • Key management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/28/2018

8/10/2021

Cryptography, Key management, Cryptocurrencies, Cryptographic protocols, Musical keys

Grant

Application Date

12/28/2018

Grant Date

8/10/2021

Title

Related Topics

Cryptography, Key management, Cryptocurrencies, Cryptographic protocols, Musical keys

Status

Grant

Latest VeChain News

VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1

May 11, 2022

The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022. 1838 Total views News The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter. VeChain ( VET ) is a blockchain project designed to enhance supply chain management.. The Foundation’s May 10 financial report for Q1 2022 outlines its balance sheet as of March 31 and how it spent funds through the quarter. Although the treasury opened the year with $1.37 billion in assets between stablecoins, Bitcoin ( BTC ), Ether ( ETH ), and VET, it ended with $1.2 billion. The report states that most of the losses were incurred “due to crypto market fluctuations and other VeChain Foundation outgoings.” The BTC price has fallen 34% since, ETH has fallen 36%, and VET has fallen 54% since Dec. 31, 2021 when the project marked the beginning of its Q1 tracking through March 31. In the interest of continued transparency relating to the holdings and expenditures of the #VeChain Foundation, we are happy to share the Q1 2022 Financial Report: https://t.co/eJzc3NmBAx #SmartContracts #Blockchain #Finance #Cryptocurrency #VeChainThor $VET $VTHO Of the $4.1 million outlaid in the first quarter the Foundation spent $1.8 million on ecosystem business development, which was the highest expense. That includes partnerships, custodians, wallet providers, brokers, community events, and ecosystem project cooperation. VeChain Foundation treasury from Q1 2022 Next was $1.1 million on ecosystem operations such as team costs, office space, utilities, consulting fees, and external services. While the report states that the treasury will be used to “ensure the long term development of the VeChainThor blockchain,” it is unclear whether the foundation will open the faucet on its treasury for more expenditures on investments. VeChain Foundation Expenditures through Q1 2022 Also absent from the report is how much money the Foundation earned through the first quarter. The VeChainThor blockchain collects fees for transactions that are distributed between validators and other stakeholders in the ecosystem. However, data on the total amount of fees accrued is not clear from the financial report. VeChain’s carbon emissions data management system and VeCarbon’s partnership with cement industry players were announced in the financial report. Related: VeChain can be used as payment in 2M stores — and VET bridged to BNB chain During Q1, VeChain launched its own stablecoin through the Stably stablecoin issuer known as VeUSD. It also formed a partnership with Amazon Web Service (AWS) to build the VeCarbon emission management software as a service (SaaS) system for China. VET has a market cap of $2.6 billion and is down about 0.6% over the past 24 hours, trading at $0.04 according to Coingecko data .

VeChain Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

VeChain Rank

  • What is VeChain's latest funding round?

    VeChain's latest funding round is Incubator/Accelerator - II.

  • Who are the investors of VeChain?

    Investors of VeChain include Plug and Play Accelerator, DNV GL, PwC, Haitao Capital, La Maison des Startups and 3 more.

  • Who are VeChain's competitors?

    Competitors of VeChain include Provenance, Everledger, Morpheus.Network, Moeco, Ripe Technology and 11 more.

You May Also Like

RoadLaunch Logo
RoadLaunch

RoadLaunch is a delivered an IoT platform that makes transportation management fast and automated.

ShipChain Logo
ShipChain

ShipChain's platform is a fully integrated system across the entire supply chain, offering transparent blockchain contracts.

Everledger Logo
Everledger

Everledger provides an immutable ledger for diamond identification and transaction verification for various stakeholders, from insurance companies to claimants and law enforcement agencies. The company provides new methods of financing and insuring diamonds, as well as combatting fraud, by providing an application for various stakeholders in the diamond pipeline.

DUST Identity Logo
DUST Identity

DUST Identity is the creator of the Diamond Unclonable Security Tag (DUST), a technology utilizing nanoengineered diamonds to create an unclonable identity layer on any object. DUST Identity is a supply-chain solution that ensures that trusted data and verifiable products are used and traced across their full lifecycle.

R
Ripe Technology

Ripe.io is creating the "Blockchain for Food" for the supply chain to provide transparency and value-added solutions for food producers, distributors and retailers.

Provenance Logo
Provenance

Provenance is a blockchain company that helps brands and retailers increase the transparency of their supply chains and encourage shoppers to choose their product. The company uses blockchain technology to track food and beverages every step of the way from source to consumer. Retailers can use Provenance to engage consumers at the point of sale with information gathered collaboratively from suppliers all along the supply chain, and substantiate product claims with trustworthy, real-time data; producers can grow their business by competing on the things that matter; shoppers can learn more about the things they buy; and partners who work in certification, governance, auditing, or fair trading can reinforce their work with Provenance's data-powered, consumer-facing solutions.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.