Tech Company Financing Transactions
anotherblock Funding Round
Stride.VC and private investors participated in a $4.3 million Seed funding round for anotherblock. This VC investment round was announced on 5/16/2023.
Transaction Overview
Company Name
Announced On
5/16/2023
Transaction Type
Venture Equity
Amount
$4,309,000
Round
Seed
Investors
Stride.VC (Lead Investor)
private investors (Axel Hedfors)
Proceeds Purpose
The company intends to use the funds to scale up globally and make its product available to a more extensive range of artists, producers, and record companies.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Magnus Ladulåsgatan 1
Stockholm, 118 65
Sweden
Stockholm, 118 65
Sweden
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The company's platform connects non-fungible tokens to royalty rights, meanwhile, these tokens will generate royalties corresponding to ownership, providing artists (who put their rights on the blockchain) with transaction payment, trade-royalty every time the token is traded, in perpetuity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michel Traore
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