Corporates fall for Stratumn’s series A round

Jun 15, 2017 • Sam Shaw

CNP Assurances subsidiary Open CNP led a $7.8m round for blockchain-powered process compliance startup Stratumn that also featured Nasdaq.

France-based blockchain networkng technology startup Stratumn has raised €7m ($7.8m) in a series A round led by Open CNP, the corporate venturing arm of insurance firm CNP Assurances.

Stock exchange operator Nasdaq, venture capital firm Digital Currency Group and investment manager Otium Ventures also took part in the round, the latter having joined angel investor Eric Larchevêque to provide €600,000 in seed funding for Stratumn in March 2016.

Stratumn has developed proof-of-process technology to help companies secure and streamline their…

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