Notabene startup has raised investments in the amount of $10,2 million

A software developer for crypto companies has successfully completed a Series A funding round

09.11.2021 - 07:15

198

1 min

What's new? According to Notabene's official Twitter account, the startup has held a Series A funding round, attracting investment from major funds. The total amount was $10,2 million. The company's valuation after the round reached $45 million.

Screenshot of the tweet

“Today is a big day for Notabene! We are thrilled to announce our Series A funding round. Our 17 person team creates privacy-preserving tools for crypto companies to comply with regulations, freeing their focus to build compliant products and scaling to new markets.”

Who participated? The round was led by two companies, Jump Capital and F-Prime Capital. Other big participants include CMT Digital, BlockFi, Gemini Frontier Fund, Luno, and Fenbushi Capital.

What will the funds be used for? The funding raised will be used to further develop and promote the startup's technology. There are plans to scale software for cryptocurrency companies to enable them to comply with anti-money laundering and counter-terrorist financing regulatory requirements.

Author: