Kyoto University and University of Tokyo both participated in a series B round for the artwork-focused blockchain technology developer.
Startbahn, a Japan-based developer of blockchain technology to certify the authenticity of art pieces, has raised ¥1.12bn ($10.5m) in a series B round backed by Kyoto University and University of Tokyo.
The two institutions participated through respective venture capital arms Miyako Capital and University of Tokyo Edge Capital (Utec).
The round also included broadcaster TBS’s Innovation Partners, real estate software producer Ops, ISGS Investment Works and private investors Yoshihisa Nakano, Miwa Taguchi and Seiichiro Yamamoto.
Startbahn has…