BlockApps Raises $41M in New Funding
Summary
Liberty City Ventures and Morgan Creek Digital will each appoint a representative to join BlockApps’ Board of Directors. The company intends to use the funds to: • drive innovation through its permissioned blockchain ecosystem of businesses from Fortune 500 companies to start-ups, • bring in more real assets to STRATO, its enterprise blockchain. These solutions create traceability across enterprise value chains and provide effective ownership and transaction mechanisms for customers engaged in Web3Commerce for B2B. Customers include Fortune 500 companies such as Bayer Crop Science (the world’s largest seed company), Blockchain for Energy (a consortium of the world’s largest energy companies including Repsol, Chevron, ExxonMobil, Schlumberger, and more), and the U.S. government. BlockApps has launched several industry initiatives, including TraceHarvest (agribusiness traceability), TraceCarbon (sustainability tracking), and the Enterprise Ethereum Alliance (the world’s largest open standards blockchain organization).
Funding
Review available funding amount, funding date, investors, and linked company information related to BlockApps Raises $41M in New Funding in the interactive ISVWorld profile.
Classifications
AskAI Classifications
LabelsLinked Companies
