Blockstream has raised cash from DG Lab Fund I, the investment vehicle formed by Digital Garage and Daiwa Securities, taking its total funding to $80m.
DG Lab Fund I, a fund formed by internet company Digital Garage and investment bank Daiwa Securities, has invested an undisclosed amount in US-based blockchain technology developer Blockstream.
Although the precise amount supplied by the fund was not revealed, the investment increased Blockstream’s overall funding to $80m. It had disclosed $76m of funding as of the close of its $55m series A round in February 2016.
Blockstream is developing technology based on blockchain, the distributed ledger technology used in cryptocurrencies…
