Tech Company Financing Transactions
GrainChain Funding Round
GrainChain, operating out of McAllen, scored $8.2 million in investment from Medici Ventures and Eden Block.
Transaction Overview
Company Name
Announced On
3/9/2020
Transaction Type
Venture Equity
Amount
$8,200,000
Round
Undisclosed
Investors
Medici Ventures (Lead Investor) (Jonathan Johnson)
Proceeds Purpose
This funding is really going to allow us to add to our operations and scale up the levels that we are anticipating, giving us the ability to implement across the entire supply chain.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
2023 N Jackson Rd.
McAllen, TX 78501
USA
McAllen, TX 78501
USA
Phone
Undisclosed
Website
Email Address
Overview
GrainChain's innovative platform can facilitate prompt payment to suppliers and farmers, and the immediate availability of tradable commodities to buyers. It attacks fraud and corruption through certification and accountability, and it streamlines procedures for all participants in the commodities market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Luis Macias
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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