Spicenet: Funding, Investors & Team (Nov 2026)
Spicenet is a hyper-fast L2 app-rollup designed for ultra-fast, reliable trading and seamless transaction processing.
Spicenet has raised $5.0M across 1 funding round on record, the most recent a Series A of $5.0M announced in Oct 2026.
That round is above the $3.0M median round size for India companies tracked on FundedIQ over the last two years.
Spicenet Company Profile and Key Stats
Latest funding round on record: Oct 2026.
Spicenet Funding Rounds
Spicenet Investors
15 investors are recorded in total; the 5 named above are those the record identifies.
Spicenet Founders and Leadership Team
Contact details for the Spicenet team: 1 of 2 have an email address on file, 2 have a LinkedIn profile.
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Spicenet's latest round of $5.0M is above the median round in India. Medians cover the last 24 months of disclosed rounds.
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Spicenet Funding FAQs
What does Spicenet do?
Spicenet is a hyper-fast L2 app-rollup designed for ultra-fast, reliable trading and seamless transaction processing.
How much funding has Spicenet raised?
Spicenet has raised $5.0M across 1 round on record. The most recent is a Series A of $5.0M announced in Oct 2026.
When did Spicenet last raise funding?
Spicenet's most recent funding round on record is a Series A of $5.0M, announced in Oct 2026.
Who has invested in Spicenet?
Investors on record for Spicenet include Hack VC, Babylon Labs, dao5, DoraHacks, WAGMI Ventures. FundedIQ records 15 investors in total.
Who founded Spicenet?
FundedIQ lists Matthew McConnell (Co-Founder), Karthik Pariti (Cofounder) at Spicenet.
Where is Spicenet headquartered?
Spicenet is based in Hyderabad, India.
How many employees does Spicenet have?
Spicenet is in the 11-50 employee band.
When was Spicenet founded?
Spicenet was founded in 2024.
About FundedIQ's Spicenet 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 Spicenet is left off this page rather than filled in.
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