The Binary Holdings
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The Binary Holdings - overview
Established
2023
Location
Dubai, -, United Arab Emirates
Primary Industry
Software
About
Established in 2023 and based in Dubai, UAE, The Binary Holdings operates as a provider of web3 application programming interfaces for the telecommunications sector. The company was founded by its CEO, Manit Parikh. In April 2024, The Binary Holdings raised USD 8 million in venture funding from Luna Media Capital, International Blockchain Consulting Ltd. , A3S Group, Plug and Play Ventures, SOSV, Dutch Sports Tech Fund, and Strauss Capital Partners.
The company specializes in guiding telecommunication firms through the transition from Web2 to Web3 with human-centric values. The firm elevates online interactions, drives business growth, streamlines finance, accelerates startups, and builds a blockchain ecosystem for collaboration and innovation through its various business arms, including Digital Social, Digital Enterprise, Digital Finance, Incubator and Accelerator, and The Binary Network. Binary Holdings boasts a lineup of partners and backers, including Mana Partners, SOSV, Plug and Play, Binance Labs, and more. The organization plans to use the April 2024 funding to widen its firm and accelerate its development.
Current Investors
SOSV, Plug and Play, Strauss Capital Partners
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Application Integration Software, Systems Management Software
Website
www.thebinaryholdings.com/
Verticals
Blockchain, Cloud Computing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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