Tech Company Financing Transactions
BlockApps Funding Round
BlockApps, based in Brooklyn, secured $41 million from Liberty City Ventures, Arab Angel and Bloccelerate VC.
Transaction Overview
Company Name
Announced On
4/19/2022
Transaction Type
Venture Equity
Amount
$41,000,000
Round
Undisclosed
Investors
Liberty City Ventures (Lead Investor) (Murtaza Akbar)
Morgan Creek Digital (Xavier Segura)
Proceeds Purpose
BlockApps will use the funding to accelerate its go-to-market strategy, grow its development team, and drive innovation through its permissioned blockchain ecosystem of businesses from Fortune 500 companies to start-ups.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
112 North 8th St. Suite 2R
Brooklyn, NY 11249
USA
Brooklyn, NY 11249
USA
Phone
Undisclosed
Website
Email Address
Overview
BlockApps is an enterprise blockchain company that develops industry applications and its own blockchain platform (STRATO). These solutions create traceability across enterprise value chains and provide more effective ownership and transaction mechanisms for customers engaged in Web3Commerce for B2B.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Victor Wong
Chief Technical Officer
Jim Hormuzdiar
Founder
Kieren James-Lubin
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We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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