Neufund Raises $2.13m to Build New Funding Vehicle for Blockchain-based Startups

[kreslik.news]

Neufund, a German start-up company, has managed to raise €2 million ($2.13 million) in a seed funding round for its blockchain-based platform from Atlantic Labs, Klaas Kersting and a number of undisclosed angel investors. The new funding vehicle, while still in development, would enable investing in startups private equity using cryptocurrencies, causing a shift in how companies are funded.

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The Berlin-based firm will use the fresh funding to allow blockchain-dependent startups to raise funds directly from investors through initial coin offerings (ICOs). In return, ... (read more)