Dunamu & Partner a subsidiary of South Korean Fintech Duniamu has achieved investing about $46 million in 26 different blockchain. Ryan Lee, CEO of Dunamu & Partners said, “Our goal is to contribute to the healthy growth of the blockchain ecosystem by actively investing in startups with world-class technology and services with potential for real-life implementation.”
A blockchain startup Orchid Labs which vision to make the Internet completely open-source and accessible has raised $43 million from accredited investors to achieve its target. It has also launched Orchid app, which is an open-source Virtual Private Network (VPN) client that sends packets to nodes over multiple hops to ensure that its users can browse the Internet securely and privately and also focused on “probabilistic micropayments” to encourage a decentralized marketplace.
Fr8 Network Inc (a blockchain logistic startup targeting US truck industry) has established partnership with PayMachine to provide rapid, low cost payment services to truckers. David Howitt, Head of BD at PayMachine said, Proof of delivery technologies and the transparency of smart contracts within the Fr8 Network provide the assurances required for PayMachine to pay Truckers upon delivery. The Fr8 Network and PayMachine partnership will have an instant impact on the trucking industry.”
A blockchain start-up based in the U.S, Data Gumbo Corp has shared that they have received $6 million worth of fund from major energy companies includes the national petroleum and natural gas company of Saudi Arabia, Aramco. The Senior Investment Director at Saudi Aramco Energy Ventures, Daniel Carter explained that “distributed ledger technologies have the potential to bring win-win efficiencies between industrial companies and their suppliers.”
QEDIT (Israel based blockchain privacy startup) raises a total of $14 million in series A round of fundraising and gets investment from well-known Chinese company Alibaba. Jonathan Rouach its CEO said, “The first pilots are taking place now, and the announcement of this is scheduled for the VMworld 2019 conference in several months. This is not proof of feasibility; it is preparatory work for actual deployment.”
A new platform, called OnBlock will be used by IOST (a public blockchain infrastructure startup) to allow everyday users to enjoy meaningful and entertaining games and other DApps on IOST. Jimmy Zhong, CEO of IOST said, “The world needs a blockchain network that is not only scalable and built to deploy seamless DApp experiences, but also one that overcomes the technical barriers which prevent millions of everyday people from experiencing the benefits of blockchain technology,”
Ledger (a Crypto Hardware Startup) has got investment from the South Korea based tech giant Samsung which of value $2.9 million. Ledger has confirmed the investments but remained silent on details, Samsung representative did not respond to a request. Éric Larchevêque, Founder and CEO said, We will always need hardware wallets, but to accompany a revolution crypto based on a personal sovereignty accessible to all, the smartphone will actually play a central role.”
A collaboration has been established between HMS Technologies INC. (HMS) and a blockchain start-up named Solve.Care. The CEO of HMS, Bill Kirkpatrick commented that the partnership will enable disparate HIT applications to share secured health data via patient authorized access using unsecured Internet connectivity, improving care coordination while enhancing digital healthcare profiles and streamlining access to virtual healthcare services.
A start-up backed by a giant technology company (Samsung) based in South Korea, Blocko has successfully introduced its hybrid blockchain Aergo Enterprise. The CEO of Blocko, Won-Beom Kim explained, “We’ve been supporting Aergo Organization in the design and construction of the Aergo platform for a full year. After a long and intensive R&D process, we are excited to finally launch our largest product to date.”
A start-up based in the U.K has reported raised £3 million through the sale of tokenized shares on the London Stock Exchange Group (LSEG). The startup intended to launch a new platform which will allow the other companies to issues securities where the LSEG describe the plan as to “help companies raise capital in a more efficient and streamlined way.”