Startbahn verifies $2.8m

Mar 20, 2019 • Callum Cyrus

Utec joined Dentsu in the fine art providence blockchain creator’s latest round, after supplying $900,000 of seed capital in July 2018.

Startbahn, a Japan-based developer of blockchain-powered verification technology for fine art, has attracted ¥310m ($2.8m) in a round featuring University of Tokyo Edge Capital (Utec), the institution’s venture capital arm, TechCrunch reported yesterday.
The deal also included marketing firm Dentsu along with IT and fintech-focused investment firm SX Capital and private investor Ryutaroh Katayama.
Founded in 2014, Startbahn has created a decentralised blockchain ledger called the Art Blockchain Network that is able to record information on the providence…

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