Blockapps
Blockapps is a blockchain technology company that provides tools to build distributed ledger applications and is a portfolio company of...
Facts
- HQ
- Seattle
- Sectors
- Blockchain, Distributed ledger technology, Enterprise software
Seattle-based Bloccelerate VC raises $12M first fund to invest $500K–$2M in enterprise blockchain startups
Seattle-based Bloccelerate VC raised $12 million for its first fund to back 10–15 early-stage blockchain startups selling to enterprise customers, with typical investments of $500,000–$2 million; the three-year-old firm has already invested in five companies including BlockApps, Symbiont, and MakerDAO. CEO Kate Mitselmakher and GP Sam Yilmaz say the pandemic and rising cryptocurrency adoption are accelerating enterprise blockchain use cases across supply chain, capital markets, healthcare, and record-keeping.
