IBM and Comcast state blockchain funding intentions

Jan 16, 2018 • Thierry Heles

MState Growth Lab has raised a fund and accelerator for blockchain technologies, with commitments from IBM and Comcast Ventures.

Computing technology provider IBM and Comcast Ventures, the investment arm of mass media company Comcast, have put their weight behind an enterprise blockchain-focused initiative formed by US-based accelerator MState Growth Lab.

MState will focus on pre-seed and seed stage companies developing enterprise blockchain products and services. Blockchain is a digital ledger technology that is perhaps best known for forming the basis of cryptocurrency Bitcoin.

Five startups will receive cash and take part in a a six-month program beginning in February…

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