Thursday
June 14
2018

Blockchain international aid player Aid:Tech raises €1m

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)

Categories
Technology
Tags
blockchain, foreign aid, humanitarian aid, refugees, social impact, social innovation, tech for good, technology