Fundraising Fox

SIMBA Chain

Plymouth, US · Founded 2017 · Delaware corporation · 2 known investors

SIMBA Chain provides a blockchain-based connected data fabric for enterprise and government supply chains, integrating public, internal, and OEM data to improve traceability, predict disruptions, and support regulatory compliance. It serves defense and manufacturing customers, including the U.S. Air Force and battery manufacturers, and enables EU Digital Product Passport compliance.

Founders & leadership

SIMBA Chain was founded in 2017 by Joel Neidig.

JN
Joel NeidigFounder
SO
Steve O'HaraNamed on SEC filing
BR
Bryan RitchieNamed on SEC filing

Investors · 2

Reported raises · per SEC filings

Form D private placements

$14.2M disclosed across 2 rounds · 2019–2021

$12.1MraisedJul 2021 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve O'HaraDirector
  • Bryan RitchieDirector
  • Joel NeidigExecutive Officer, Director
Offering amount
$25M
Amount sold
$12.1M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.1MraisedJan 2020 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Anjon RoyExecutive Officer
  • Ian TaylorExecutive Officer
  • John MillerExecutive Officer
  • Hamender AgarwalDirector
  • Jaroslaw NabryzyskiDirector
  • Andrew HarrisonExecutive Officer
  • Gary NeidigDirector
  • Joel NeidigExecutive Officer
Offering amount
$2.6M
Amount sold
$2.1M
Minimum investment
$50K
Sales commissions
$50K
Proceeds to insiders
$126K
First sale
Dec 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
04, 06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 8

by search overlap
Kaleido33 shared keywordsKaleido offers a modular enterprise platform with pre-integrated products for tokenization, custody, digital assets, middleware, interoperability, and blockchain infrastructure. It provides network operators tools to build, operate, and govern settlement, payment, and digital asset networks.
Netezza27 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Coinbase22 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Chainlink21 shared keywordsChainlink is an oracle platform that connects blockchains with external data, existing systems, and other chains, providing data feeds, cross-chain interoperability, settlement, compliance, and privacy infrastructure. It serves financial institutions and decentralized finance (DeFi) protocols building and operating tokenized asset and onchain financial products.
Consensys20 shared keywordsConsensys builds a vertically integrated platform for decentralized finance, offering consumer wallet applications, developer infrastructure, blockchain APIs, and protocol-level software that manage the full onchain transaction lifecycle. It serves consumers, developers, and institutions across the Ethereum and broader blockchain ecosystem.
Corporate Governance Institute18 shared keywordsThe Corporate Governance Institute (TCGI) provides university credit-rated certifications, online courses, and enterprise training in corporate governance, ESG, and company secretarial skills. It serves board directors, executives, and senior professionals, and also offers membership and partnership models for universities, professional bodies, and training providers.
Alchemy17 shared keywordsAlchemy is a platform layer that enables developers to build applications on blockchain networks. The company provides infrastructure and APIs to simplify blockchain development for a global audience.
BoardEffect17 shared keywordsBoardEffect provides board management software that lets organizations create AI-powered agendas and meeting summaries, share board books, minutes and materials, and manage committee workspaces, approvals and follow-ups. It serves boards of directors with secure virtual workspaces, mobile document access, onboarding, and polling tools.

Companies competing with SIMBA Chain for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 10 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2023$17.6M
U.S. Air ForceAir ForcePhase II2022$1.5M
U.S. Air ForceAir ForcePhase II2022$749.6K
U.S. Air ForceAir ForcePhase ISTTR2022$250K
U.S. NavyNavyPhase II2021$1.5M
U.S. Air ForceAir ForcePhase II2021$999.9K
U.S. Air ForceAir ForcePhase I2021$49.9K
U.S. Air ForceAir ForcePhase I2021$49.9K
U.S. NavyNavyPhase I2020$200K
U.S. Air ForceAir ForcePhase I2019$49.1K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does SIMBA Chain do?
SIMBA Chain provides a blockchain-based connected data fabric for enterprise and government supply chains, integrating public, internal, and OEM data to improve traceability, predict disruptions, and support regulatory compliance. It serves defense and manufacturing customers, including the U.S. Air Force and battery manufacturers, and enables EU Digital Product Passport compliance.
Who founded SIMBA Chain?
SIMBA Chain was founded by Joel Neidig in 2017.
Who are SIMBA Chain's investors?
SIMBA Chain's investors include Elevate Ventures, Lauder Partners.
How much funding has SIMBA Chain raised?
SIMBA Chain has disclosed $14.2M raised across 2 rounds.
Where is SIMBA Chain headquartered?
SIMBA Chain is headquartered in Plymouth, US.