Fundz

Emurgo Africa Invests Usd 250K In Changeblock, A Pioneering Carbon Market Technology Startup

PRIVATEAug 09, 2023

Amount Raised

$250,000

Round Type

Funding Round

Financial Services

Description

EMURGO Africa, the Africa and Middle East-focused venture arm of EMURGO, a prominent founding entity behind the Cardano blockchain, invested USD 250,000 in Changeblock. This investment marks EMURGO Africa's commitment to supporting and promoting innovative blockchain-based solutions in the region.

Who else raised in Financial Services around the same time

Companies in the same sectors as Changeblock that raised within 45 days of this round, from Fundz verified event records.

  • Clip Money raised an undisclosed amount (Corporate Round) on September 22, 2023.
  • CHERUB TECHNOLOGIES raised $1.3M (Seed) on September 22, 2023.
  • Curve raised $72M (Series C) on September 21, 2023.
  • Mesh raised $22M (Series A) on September 21, 2023.
  • Atlys raised $12M (Funding Round) on September 21, 2023.
  • Streamex Corp. raised $1.2M (Seed) on September 21, 2023.

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Company Information

Company

Changeblock

About

Changeblock addresses the key issues that have limited the current environmental market infrastructure to generate large-scale adoption, thereby failing to help stakeholders meet the targets required to keep global temperature rise below 1.5 degrees above pre-industrial levels. The Company's data-to-credit technology enables easier financing and faster outcomes for project developers and is paired with Changeblock's Exchange, a marketplace that allows users to buy, sell and retire high-integrity environmental credits. Our scalable market infrastructure, data services, and technology solutions are targeted at stakeholders in the environmental assets market, including financial institutions, corporations and government entities. Changeblock is designed to increase asset transparency and efficiency.

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Changeblock raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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