FundedIQ

Funded Startups in Seychelles

Among the 4 disclosed rounds, KuCoin’s $150M (2022-05-10, Financial Services, Mahé) is a clear outlier: it dwarfs the next-largest disclosed amount of $50M…

Among the 4 disclosed rounds, KuCoin’s $150M (2022-05-10, Financial Services, Mahé) is a clear outlier: it dwarfs the next-largest disclosed amount of $50M from Scroll.io (2023-03-06). The rest of the disclosed spread runs from $8M for Beldex (2026-08-20, Blockchain/Privacy, Victoria) down to $1M for CoinFlex (2021-02-19, Financial Services, Mahé), while Dian’s round is undisclosed (2023-11-15, Apps, Victoria).

Geographically and temporally, concentration is visible despite the small sample: Victoria accounts for 3 of the 5 entries (Beldex, Dian, Scroll.io) and Mahé for 2 (KuCoin, CoinFlex). The time window runs from 2021-02-19 to 2026-08-20, with a 2023 cluster of 2 entries (Scroll.io in March 2023 and Dian in November 2023), and most rounds carrying “Series Unknown” (3 of 5 entries).

Most recent rounds

5 shown

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Frequently asked

What stands out in disclosed deal size, and how concentrated is the top end?

KuCoin’s $150M (2022-05-10) is the only disclosed round at or above the $100M threshold, and it is followed by $50M from Scroll.io (2023-03-06). The remaining disclosed amounts step down to $8M (Beldex, 2026-08-20) and $1M (CoinFlex, 2021-02-19).

Are any cities over-represented among these Seychelles entries?

Victoria appears 3 times across the 5 rows (Beldex, Dian, Scroll.io), while Mahé appears 2 times (KuCoin, CoinFlex). This creates a city-center pattern rather than a dispersed footprint across multiple Seychelles localities.

Do the round dates cluster in a specific year or near-term window?

The shown rounds span 2021-02-19 to 2026-08-20, with 2023 accounting for 2 of the 5 entries (Scroll.io on 2023-03-06 and Dian on 2023-11-15). There is also 1 entry each in 2021 and 2022, plus 1 in 2026.

Which stage labels dominate, and what does that imply about disclosed comparisons?

“Series Unknown” covers 3 of the 5 entries, while only KuCoin is labeled “Series B” (2022-05-10) and CoinFlex is “Venture - Series Unknown” (2021-02-19). With 1 of 5 rounds undisclosed (Dian), size comparisons rely heavily on the 4 disclosed amounts.

Which sector appears most, and is the top disclosed round tied to that sector?

Financial Services appears 3 times (KuCoin $150M on 2022-05-10; Scroll.io $50M on 2023-03-06; CoinFlex $1M on 2021-02-19), making it the dominant repeated sector. The largest disclosed deal is also in Financial Services via KuCoin, reinforcing that concentration at the top of the disclosed range.

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