Web3Firewall announces $2.5m pre-seed investment round

Web3Firewall has closed a $2.5m pre-seed investment round led by Laser Digital (Nomura’s digital asset subsidiary) gumi Cryptos Capital (gCC) and SPEILLLP, a member of Susquehanna International Group.

The company has developed an intelligence-driven risk and compliance platform specifically to meet the evolving challenges of companies engaged in blockchain technology and digital assets.

Web3Firewall was founded in 2023 by Dr. Samer Fayssal, who was previously CISO and...

Rightmove and major banks invest in Coadjute to ‘transform UK property market’

Lloyds Banking Group, Nationwide, NatWest and Rightmove have made a strategic investment in Coadjute, the London-based property technology business.

This is the first time that the UK’s three largest mortgage providers have come together to fund a PropTech.

Lloyds Banking Group, as lead investment partner, has invested £3 million as part of a £10 million funding round to support Coadjute’s long-term ambition to revolutionise the UK housing market and offer home...

Supply chain technology provider Finboot announces latest funding round

Finboot has completed the first close of its latest funding round to accelerate the next phase of its growth strategy – with a particular focus on enabling companies and their net-zero transition through technology.

This latest funding round has been led by a strategic investor together with Wealth Club. 

Finboot helps its customers and partners accelerate their digital transformation, and by doing so helps them realise value and build trust through leading edge...

University of Warwick receives £1.25 million to revolutionise AI and financial research

A collection of Sterling notes.

The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years.

Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology...

Ginger Joy raises £1 million for Web3 blockchain-based mobile gaming startup

Ginger Joy, the Web3 mobile gaming startup , has announced its most recent round of fundraising of £1 million. This capital will be used to develop mobile-native gaming ecosystems with blockchain-based interoperability.

Ginger Joy is a spin-off company of Matchingham Games, an established UK developer with nearly 500 million installations globally and over 120 staff members.

The new startup has been bolstered by a veteran management team from across the gaming sector,...

Circularise secures SAFE investment from SEKISUI CHEMICAL

Circularise, a blockchain platform for supply chain transparency and traceability, has formed a Simple Agreement for Future Equity (SAFE) with SEKISUI CHEMICAL, a specialist in the plastics manufacturing industry.

This strategic alliance, which involves an investment in Circularise by SEKISUI CHEMICAL, goes beyond financial support. SEKISUI CHEMICAL will enter a joint project with Circularise in a chemicals traceability project, introducing a digital product passport and testing...

nChain partners with Universal Plastic to accelerate sustainable innovation

nChain, a specialist in Web3 solutions, has signed a strategic partnership agreement with Universal Plastic, to achieve common sustainability goals towards ocean protection: regenerating the marine ecosystems by taking out plastic, giving agency to locals by fairly rewarding them for their efforts and making companies act upon their footprint, getting a step closer to the ESGs.

In this partnership, nChain is investing €2,000,000 and acquiring a 20% stake in the equity of...

Shima Capital invests in blockchain infrastructure startup Artela

Shima Capital has invested in Artela Network, a blockchain infrastructure startup founded by a team of industry veterans.

Other contributors in the round include A&T Capital, Big Brain Holdings, SevenX, Dispersion and Amino.

The Artela team is pioneering a unique solution designed to answer the rising need for large-scale, decentralized apps by creating a base-layer blockchain network. The unique architecture of Artela encourages developers to create...

ABO Digital backs IoT blockchain firm Kalima with $10m

A bundle of $100 notes.

Kalima, a delegated proof-of-stake (PoS) blockchain for IoT and data, has pumped $10m into French-based blockchain company, ABO Digital.

Kalima is marketed as a rapidly growing ecosystem that allows enterprises, developers and startups to build the future of Web3 Enterprise and Data Governance applications, particularly with IoT (Internet of Things) data, in order to solve real-world problems.

It is a layer 1 third-generation blockchain, which enables users to...

Layer-1 blockchain company Shardeum raises $5.4m in funding

Shardeum, a scalable EVM-based layer-1 blockchain deploying dynamic state sharding, has closed a $5.4 million strategic raise with participation from Amber Group, Galxe, J17 Capital, JSquare, and TRGC, among others.

The team behind Shardeum aims to leverage the additional funding to further support the growth of the ecosystem in the lead-up to the mainnet launch later this year. 

Founded in 2022, Shardeum is a highly-scalable EVM-based layer-1 blockchain deploying...