Blockchain Stock Market Startup Funderbeam Raises $2.6 Million
A startup headquartered in London that uses blockchain tech to power a next-generation stock market has raised $2.6m in new venture funding. Thomson Reuters, Draper Associates and IQ Capital were among those that invested in the funding round for Funderbeam. Existing stakeholders, including 3TS Capital Partners and a group of angel investors, also took part in the round. The startup is pursuing a use case that has seen broad interest worldwide, both among new market entrants as well as major established players like Nasdaq and the Australian Securities Exchange. Millions of dollars in....
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London-based Blockchain company Funderbeam announced that they will be building a Blockchain-based stock exchange specifically for startups that need investors. The company has Kaidi Ruusalepp, former CEO of Nasdaq’s Tallinn stock exchange leading it into the securities market. Blockchain equity funding. The platform itself will be breaking away from traditional stock exchanges and will allow investors to have more liquidity when investing in growing companies while having control over how much to invest and how long to hold it for. “Funderbeam is the future of exchanges, combining three....
Funderbeam, which is a company based in Estonia, is aiming to build a marketplace for startups using blockchain technology. The company was founded in 2013 and has been operating a service that allows investors to fund European startups. Just recently, Funderbeam announced that they would be coming up with an intelligence service that could give investors more information about these startups and create a marketplace for equity. Blockchain Technology Funding. The company has noted the emerging need from investors to buy and sell equity. However, an increasing amount of venture capital is....
Data intelligence provider Funderbeam is set to launch the world’s first blockchain based investment trading platform over the next few months, through a partnership with colored coins developer ChromaWay. Funderbeam has processed US$277.49 billion in investments and currently supports over 42,000 investors worldwide. Using the blockchain, Funderbeam plans to process its settlements and verify its trades instantly without human input. “ChromaWay breathes technology that’s been limited to cryptocurrencies, and is now making it serve a broader purpose,” explained Funderbeam founder and CEO....
Funderbeam, a new blockchain angel investing platform utilizing blockchain tech, has come to fruition with a former CEO of Nasdaq Tallinn Stock Exchange at the helm . Building a Blockchain-based “Stock Exchange for Startups”. The London-based investment platform, founded in Estonia in 2013, is “where companies are funded and traded across borders,....
A year ago, Skype co-founder Jaan Tallinn and Funderbeam co-founder, Urmas Peiker, had a vision of a blockchain-trading platform designed for new startups looking for angel investors. They envisioned a service to give these new ventures a leg up before they go public or are sold. A year later, incubator Funderbeam has launched its innovative trading platform for startups saying it is “the first time in history where startup investments are being traded using blockchain technology.” Funderbeam’s goal is to change the game for early stage investors, making it their own choice as to how long....