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...

24 July 2023 | Blockchain

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...

19 July 2023 | Blockchain

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...

11 July 2023 | Blockchain

Coincover raises $30m to bolster digital asset security

Security

London-based digital asset protection firm Coincover has secured $30 million (£25m) in a funding round led by Foundation Capital with additional investment from CMT Digital.

The company plans to use the funds to scale its operations, increase recruitment, and develop new products that strengthen the security of the cryptocurrency space.

Coincover launched in 2019 with the goal of improving trust within the digital asset sector. It already works with more than 300...

11 February 2023 | Blockchain Applications

Blockchain Technology Partners raises £2 million for distributed ledgers tech

A collection of Sterling notes.

Enterprise blockchain firm Blockchain Technology Partners (BTP) has closed a seed round of £2 million.

BTP was founded in 2018 with the mission to bring the benefits of distributed ledger technology to business. BTP enables organisations to build multiparty applications by taking care of the underlying technology infrastructure. The company’s flagship offering, Sextant, radically simplifies the deployment and management of enterprise blockchain infrastructure.

Drastic...

22 July 2021 | Enterprise

Chainalysis valued at £3.6 billion after series E funding

ICO - ICOBox

The blockchain analytics and intelligence firm, Chainalysis, has raised $100 million (£72m) after its fifth round of funding, bringing its total valuation to $4.2 billion (£3.6bn).

Funding was led by investment management company Coatue, with further funds being provided by Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage and SVB Capital.

This latest round of funding follows on from a successful series D round back in March 2021 in which Chainalysis raised $100m...

6 July 2021 | Bitcoin

Blockwall creates venture capital fund for blockchain startups

a pile of Euro notes.

Blockwall Management, a Bafin-registered asset manager, has closed its Blockwall Capital II fund. 

The target volume for the venture capital fund, which invests in pioneering blockchain startups, is up to €50 million (£42.97). The final closing is scheduled for the end of 2021.

The new fund focuses on equity investments in early-stage startups that can advance tangible applications based on blockchain technology and thus add real value to businesses. The venture...

29 June 2021 | Digital Transformation

Competition launched to uncover next big blockchain star

A group of trophies.

A competition, titled The Next Top Blockchain Startup, has been created to find the best startup working in the blockchain sector.

The inaugural competition is powered by GDA Capital in partnership with leading blockchain organisations. 

The two month program has the goal of accelerating the next wave of blockchain startups from around the world by connecting emerging entrepreneurs with the access to capital, relationships to industry experts, and a systematic...

23 June 2021 | Funding

European startups ready to capitalise on enterprise blockchain opportunity, says new report

The European blockchain startup market is catching up to its North American equivalent, with startups surveyed looking to raise €350 million (£314.9m) in the next 18 months, according to a new report.

The study, from Anglo-French venture capital firm LeadBlock Partners, aims to put a positive spin on the industry illustrated with more than 20 interviews and more than 9,000 datapoints.

A foreword from LeadBlock management Jean-Marc Puel, David Chreng-Messembourg and...

7 July 2020 | Digital Transformation