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Founded Year

2015

Stage

Incubator/Accelerator - II | Alive

About VeChain

VeChain operates as a blockchain company. It provides a low-code blockchain-based software as a service (SaaS) platform, VeChain ToolChain, which enables enterprise clients to build and drive digital transformation enabling a distributed ecosystem. Its major products are Low-code Deployment PaaS, NFC Solutions, Blockchain as a Service, and more. It primarily serves various industries including retail, automotive, insurance, energy, luxury goods, and logistics. It was founded in 2015 and is based in Luxembourg, Luxembourg.

Headquarters Location

Luxembourg,

Luxembourg

+65 (0) 9037 9543

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ESPs containing VeChain

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

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Supply Chain & Procurement

The blockchain-enabled supply chain transparency market aims to increase transparency and efficiency in supply chain management through the use of blockchain technology. This market offers solutions that unify separate processes, create end-to-end process transparency, and automate previously manual and error-prone processes. These solutions integrate emerging technologies like IoT, AI or Blockcha…

VeChain named as Outperformer among 11 other companies, including Circulor, Circularise, and BlockApps.

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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 3 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,838 items

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

B

Blockchain

7,104 items

Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.

L

Luxury Tech

419 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.

VeChain Patents

VeChain has filed 10 patents.

The 3 most popular patent topics include:

  • cryptocurrencies
  • blockchains
  • carbon finance
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/18/2019

10/24/2023

Cryptocurrencies, Transaction processing, Payment systems, Blockchains, Alternative currencies

Grant

Application Date

4/18/2019

Grant Date

10/24/2023

Title

Related Topics

Cryptocurrencies, Transaction processing, Payment systems, Blockchains, Alternative currencies

Status

Grant

Latest VeChain News

VeChain Set to Soar: Predicted to Break Through $0.783 in 2024

Feb 20, 2024

VeChain Set to Soar: Predicted to Break Through $0.783 in 2024 GST 1 min read VET’s anticipated surge to $0.783 in 2024 is driven by potential new partnerships and initiatives, signaling robust growth. Despite market volatility, VeChain’s strategic positioning forecasts a minimum price of $0.230 and an average of $0.489. VeChain’s efforts to enhance market sentiment among crypto enthusiasts could secure VET’s price stability into the next year. In a compelling projection for 2024, VeChain’s native cryptocurrency, VET, is on the verge of an extraordinary breakout, with expectations to exceed $0.783. This optimistic forecast is anchored in the anticipated unveiling of numerous partnerships and initiatives, poised to significantly enhance VeChain’s market position and value. VeChain’s adept navigation through the crypto market’s inherent volatility underscores a well-strategized path. With a predicted trading range between $0.230 and $0.489, VET showcases both resilience and potential for substantial growth. These projections not only reflect confidence in VeChain’s future endeavors but also highlight its commitment to fostering positive market sentiment among cryptocurrency enthusiasts. Looking forward, the horizon for VET within the crypto industry is luminous with promise. VeChain’s ongoing efforts to expand its ecosystem through strategic partnerships are expected to catalyze its climb to $0.988 by 2025, marking a significant milestone in its journey. As VeChain continues to innovate and lead, VET emerges as a symbol of progressive success in the digital finance realm. Read also: Crypto News Land ( cryptonewsland.com ) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

VeChain Frequently Asked Questions (FAQ)

  • When was VeChain founded?

    VeChain was founded in 2015.

  • Where is VeChain's headquarters?

    VeChain's headquarters is located at Luxembourg.

  • 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 DUST Identity, Morpheus.Network, FoodLogiQ, Moeco, Provenance and 7 more.

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Compare VeChain to Competitors

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ShipChain

ShipChain is a logistics platform. It provides shipment tracking, transparent transport, and logistics by utilizing blockchain technology. It was founded in 2017 and is based in Greenville, South Carolina.

KNNX Logo
KNNX

KNNX leverages insights and development capabilities to shape clients' blockchain strategies. The company develops and integrates enterprise solutions using distributed ledger technology. It offers supply chain management, e-commerce, data management, freight invoicing, and more. The company was formerly known as DLT Labs. It was founded in 2017 and is based in Toronto, Canada.

RoadLaunch Logo
RoadLaunch

RoadLaunch is a company that operates in the technology sector, with a particular focus on blockchain technology. The company provides educational content and insights about blockchain technology, aiming to simplify complex concepts for a general audience. It primarily serves the technology and education sectors. It is based in Paris, Ontario.

Moeco Logo
Moeco

Moeco offers a blockchain-powered platform for global Internet of Things (IoT) connectivity enabling efficiencies for supply chain, insurance, telecom, and smart cities. The company's decentralized platform allows clients to manage tracker data and receive actionable insights and alerts from it. The company was founded in 2017 and is based in Wilmington, Delaware.

E
Envoy Group

Envoy Group’s platform has been designed to work seamlessly with traditional data systems and all third-party blockchains or distributed ledger technology (DLT)-based networks. This will allow both buyers and sellers to effectively manage international trade logistics processes and also find new funding sources, which will be supported as a result of increased trust.

Provenance Logo
Provenance

Provenance is a blockchain company. The company uses blockchain technology to track food and beverages from source of production to distribution process. It was founded in 2013 and is based in London, United Kingdom.

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