Stratumn, the blockchain startup, has raised €7 million in a new round of venture funding. According to a report, the Series A funding round was led by CNP Ventures with participation from Nasdaq, Digital Currency Group and Otium Venture. More than a year ago, the startup raised €600k in seed funding, noted the report.
The venture capital funds are going to help the company expand into the U.S. Stratumn is based in Paris and offers a platform for the development of enterprise-type blockchain applications.
“We are very pleased to have successfully closed this Series A round, which represents a major milestone for Stratumn. Our new investors will enable Stratumn to continue and accelerate its development and…