Blockchain international aid player Aid:Tech raises €1m

Thursday, June 14, 2018

By John Kennedy

Enterprise Ireland and Singapore-based SGInnovate have collaborated on an investment into Dublin-based blockchain company Aid:Tech.

In what is the first collaboration between the two investment players, Aid:Tech is understood to have secured around €1m in investment.

In addition to Enterprise Ireland and SGInnovate, Blue Parasol Investments and Tin Fu Fund are also investing in Aid:Tech.

“Today not only marks a landmark occasion for Aid:Tech but also for the wider blockchain industry as a whole,” said Joseph Thompson, CEO and co-founder of Aid:Tech.

Photo courtesy of Christian Ditaputratama.

Source: Silicon Republic (link opens in a new window)

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Technology
Tags
blockchain, refugees