FundedIQ
Financial Services

Magpie Protocol: Funding, Investors & Team (Sep 2026)

Trading any tokens between any chains - without the need to bridge, is what makes Magpie your efficient app to navigate DeFi.

www.magpiefi.xyz LinkedIn Dubai, United Arab Emirates 11-50 employees
Cryptocurrency Financial Services Trading Platform Virtual Currency
Total raised
$3.0M
Rounds
2
Latest
Undisclosed round
Feb 2024

Magpie Protocol has raised $3.0M across 2 funding rounds on record, the most recent an undisclosed round announced in Feb 2024.

Magpie Protocol Company Profile and Key Stats

Total funding raised
$3.0M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
Feb 2024
Employees
11-50
reported band
Headquarters
Dubai, United Arab Emirates

Latest funding round on record: Feb 2024.

Magpie Protocol Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Seed
$3.0M

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Magpie Protocol raised $3.0M in a Seed announced in Sep 2022.

1.4 years later, an undisclosed round was announced in Feb 2024 with no disclosed amount.

Magpie Protocol Founders and Leadership Team

Name
Role
Contact
Ali Raheman
Founder
Locked

Contact details for the Magpie Protocol team: 1 of 1 has an email address on file.

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Magpie Protocol Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

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Magpie Protocol Funding FAQs

What does Magpie Protocol do?

Trading any tokens between any chains - without the need to bridge, is what makes Magpie your efficient app to navigate DeFi.

How much funding has Magpie Protocol raised?

Magpie Protocol has raised $3.0M across 2 rounds on record.

When did Magpie Protocol last raise funding?

Magpie Protocol's most recent funding round on record was announced in Feb 2024. The amount was not disclosed.

Who founded Magpie Protocol?

FundedIQ lists Ali Raheman (Founder) at Magpie Protocol.

Where is Magpie Protocol headquartered?

Magpie Protocol is based in Dubai, United Arab Emirates.

How many employees does Magpie Protocol have?

Magpie Protocol is in the 11-50 employee band.

About FundedIQ's Magpie Protocol Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Magpie Protocol is left off this page rather than filled in.

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