Hardware Wallet Startup Ledger Closes €1.3 Million Seed Round
Bitcoin hardware wallet startup Ledger has raised €1.3m (£959,000) in a seed round led by French VC fund, XAnge Private Equity. Also participating in the round were Hi-Pay (Hi-Media group), NetAtmo CEO Fred Potter, Rentabiliweb Group VP Thibaut Faurès Fustel de Coulanges, Alain Tingaud Innovations and Pascal Gauthier, Criteo’s ex-COO and founder of Challenger Deep, a bitcoin startup currently working in stealth mode. This event is being seen as significant for the French bitcoin community. While digital currency startups in other countries such as the US have seen significant VC funding....
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After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa.
New Funding to Help Bitmama Scale Up Crypto Use Cases in Africa
A Nigeria-based blockchain startup, Bitmama, recently closed its pre-seed funding round at $2 million after it added $1.65 million to the $350,000 that was raised in October last year. According to a Techcrunch report, the funding....
While people mainly hear about Trezor, a hardware Bitcoin wallet, there are alternatives. For example, take a look at Ledger. Ledger is a more affordable wallet, which is around .13 BTC and plugs into a PC; it is controlled via a Chrome Browser extension. It signs transactions and can access your wallet, even under the worst possible scenario where PC is infected with malware or key loggers. Ledger’s website touts secure transactions even on a fully compromised computer, thanks to its employment form factor of an EAL5+ industry standard smart-card.
Bitcoin hardware wallet manufacturer Foundation Devices has raised $2 million in a seed round led by venture fund Bolt.
It is raining investments in the digital currency sector. A number of companies have raised millions of dollars in funding in recent days. Case Wallet Inc. also known as CryptoLabs has recently raised another tranche of seed investment of about $750,000 towards its bitcoin wallet business. Case Wallet Inc. is the manufacturer of Case secure hardware bitcoin wallets. The New York based startup has so far raised seed investment of about $2.25 million, including the earlier $1.5 million raised in June 2015. With the latest tranche of investment, the seed investment round stands closed. READ....
Case has raised $1m in additional seed funding. The figure adds to the $1.25m in capital the New York-based startup secured in June and brings its total amount raised to $2.25m. The seed round, now closed, was led by Future/Perfect Ventures, a New York venture firm whose portfolio includes industry startups such as Abra, Blockchain and Blockstream. One of a growing number of bitcoin hardware wallet providers, including companies like KeepKey, Ledger and Trezor, Case is distinguished by a product designed with advanced security features such as biometrics and veteran entrepreneur and CEO....