tenprotocol
About tenprotocol
An L2 solution on Ethereum developed by Obscuro Labs, TEN Protocol is the first Layer 2 to deliver smart transparency, scaling and encrypting Ethereum to unlock its full potential.
Business Information
Target Customers
Industry Categories
Business Model
Funding Timeline
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series A | Sep 08, 2025 | $16.5M | https://t.co/uNFFi2R3ME, KuCoin Labs, Magnus Capital +1 more |
| Seed | Sep 01, 2024 | $6.0M | Unknown |
| Series A | Mar 01, 2024 | $9.0M | R3 Consortium, KuCoin Labs, Magnus Capital +4 more |
Founders
Nipun Pitimanaaree
Co-Founder & CEO
Tascha Punyaneramitdee
Co-Founder & CEO
Investors
Big Brain Holdings
Venture Capital
DWF Labs
Venture Capital
KuCoin Labs
Venture Capital
Magnus Capital
Venture Capital
R3 Consortium
Corporate
Republic Crypto
Venture Capital
https://t.co/uNFFi2R3ME
Venture Capital
Recent Mentions
An L2 solution on ETH, @tenprotocol (developed by Obscuro Labs), raised $9 million in a Series A round in March 2024. The round was led by R3 Consortium, with participation from investors such as KuCoin Labs, Magnus Capital, DWF Labs, Republic Crypto, and Big Brain Holdings. The https://t.co/ZLbrca9u2T
Privacy is always discussed in Web3, but very few projects come up with real solutions. And here @tenprotocol has turned the tide. On March 15, 2025, they raised $9M in a Series A round. R3 led, with KuCoin Ventures and DWF Labs joining. After this round, their valuation stood https://t.co/oYJO0zQm8M
๐ฐ TEN Protocol Secures $9M in Series A Funding Formerly known as Obscuro, TEN Protocol has officially raised $9 million in a Series A round on March 15, 2024, reaching a $30M post-money valuation. Why does it matter? TEN isnโt just another Layer-2 โ itโs the first execution https://t.co/IZRQaDp57m
@tenprotocol, a decentralized Ethereum Layer 2 solution that raised $9M in a Series A round on March 15, 2024, from investors like R3 and KuCoin, leveraging Trusted Execution Environments (TEEs) to ensure data confidentiality and computational privacy, as detailed in its https://t.co/jsh4gAweyr
Innovation requires funding, and @tenprotocol is well-positioned for long-term growth. With a $9 million Series A funding round in March 2024, led by R3, and a $30 million valuation, they're set for success. Their strong backing from industry leaders, solid valuation, and https://t.co/EwbEMOemKb https://t.co/bjvArVvcwX
Good morning from Vietnam! What are the advantages of projects on @cookiedotfun that everyone should know? @tenprotocol was founded in 2024 by Tascha Punyaneramitdee (CEO) and Nipun Pitimanaaree (CTO). Raised capital in September 2024 โ completed a seed round of $6 million https://t.co/4DqVCCn273
gTEN ๐ CT **Funding Milestones** @tenprotocol has secured significant funding to support its development and ecosystem expansion. A Series A round led by R3, with participation from KuCoin Labs, Magnus Capital, and DWF Labs, raised $9M, followed by an additional $7.5M, https://t.co/hxOzhSp7U6
@tenprotocol raised US$ 9 million in a Series A round led by R3 with participation from KuCoin Labs, DWF Labs and others. ๐ Strong institutional backing suggests confidence in TENโs approach to encrypted L2 infrastructure. ๐ Funding supports development of its encrypted https://t.co/HJ3Wnz00x2
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