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Venture Capital
Blockchain Project Factom Raises $400k at $11 Million Valuation
Factom Inc, the for-profit business entity overseeing the blockchain recordkeeping project Factom, has raised $400,000 in new seed funding.

Scorechain Raises $570k for European Bitcoin Compliance Solution
Bitcoin compliance solutions provider Scorechain has raised €500,000 ($570,000) in seed funding.

Japanese Cryptocurrency Startup Orb Raises $2.3 Million
Tokyo-based startup Orb, the company behind new cryptocurrency management platform SmartCoin, has raised $2.3m in seed funding.

Santander InnoVentures Adds $4 Million to Ripple’s Series A Round
Ripple has received an estimated $4m in funding from Santander InnoVentures, bringing its Series A total to $32m.

Bitcoin Company Coinplug Raises $5 Million in Funding
South Korean bitcoin services company Coinplug has closed a $5m Series B funding round.

Boost VC Investment in Blockchain Startups Tops $50 Million
Boost VC has released new figures related to the success of its startup investments in the bitcoin and blockchain industry.

Blockchain-Based Digital Cash Platform Raises $1.12 Million
Safe Cash Payment Technologies, a blockchain-based digital cash platform, has raised $1.12m in seed funding.

With Bitcoin's Price Down, VCs Turning to Blockchain Technology
The rising interest in use cases for bitcoin's underlying technology, the blockchain, is influencing the investment strategies of venture capitalists.

SatoshiPay Gets €160,000 Investment from Jim Mellon Fund
Jim Mellon, executive director of Kuala Innovations, told CoinDesk the group now owned 10% of SatoshiPay, a bitcoin micropayment processor.
