Chronicled Raises $3.4 Million In Seed Round
The blockchain-based collectible and vintage sneaker company Chronicled has just announced it has raised $3.4 million USD in a seed funding round. The startup, founded in 2014, has created a team of engineers in Silicon Valley to build a system that tracks the authenticity and movement of this footwear. The investments injected into the business came from the venture capital firms Mandra Capital, Colbeck, and Pantera Capital. Dan Morehead, Partner at Pantera Capital, said of the announcement:
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Chronicled, a startup leveraging blockchain tech to help authenticate collectible sneakers, has raised $3.42m in seed funding. The round was led by Hong Kong-based VC firm Mandra Capital and included support from avid industry investor Pantera Capital and Colbeck Capital Management. Founded in 2014, Chronicled seeks to ensure the authenticity of consumer products using ‘smart tags’ that can be inserted in shoes and linked to a user’s Apple or Android app. Chronicled then uses blockchain technology to register the shoes on a distributed ledger, which it says allows for the creation of an....
Chronicled, a Californian technology company founded in 2014 that leverages blockchain technology specifically for the authentication, tracking and social engagement of vintage and collectible sneakers has announced $3,425,000 in additional funding raised as a part of its Series Seed financing. The round was led by Hong Kong-based venture capital firm Mandra Capital. It also saw participants from investors such as Pantera Capital, a leading blockchain-tech investor and New York-based Colbeck. The three investors have also participated in previous funding rounds established by Chronicled.....
Ramp is a London-based company that is looking at opening up businesses to digital currencies to businesses and users. During a seed round led by NfX with Galaxy Capital, the startup raised $10.1 million to expand its operations. The seed round boasted a long list of investors. With the likes of Seedcamp, Coinbase, Moxilla, IKEA, […]
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