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Chrono.Tech Closes $30 Million Funding Round Led By Venture Capitalist Mark Carnegie

PRIVATEJan 27, 2022

Amount Raised

$30 Million

Round Type

Funding Round

SydneyOtherFinancial ServicesSoftware

Description

Chrono.Tech — an Australian blockchain software company — has attracted over $30 million in investment funds to grow its HR-focused solutions aimed at solving a number of problems in the recruitment industry using blockchain technology. The funding round was led by Australian venture capitalist Mark Carnegie and a leading European Family Office.

Quick answer

Chrono.Tech raised $30 Million in a Funding Round round, dated January 27, 2022. Chrono.Tech is based in Sydney, New South Wales, Australia.

How much did Chrono.Tech raise?
Chrono.Tech raised $30 Million in a Funding Round round on January 27, 2022.
What does Chrono.Tech do?
Founded in 2016, Chrono.Tech is Australia's oldest blockchain business that is engaged in building a suite of software solutions aimed at the HR and recruitment sector.
Where is Chrono.Tech based and how big is it?
Chrono.Tech is based in Sydney, New South Wales, Australia.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

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

  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • two raised $500M (Funding Round) on March 11, 2022.
  • Lument raised $32M (Funding Round) on March 11, 2022.
  • Stack raised $17M on March 11, 2022.
  • DataRails raised $50M (Funding Round) on March 10, 2022.

Who to call at Chrono.Tech, and when

A new round usually means Chrono.Tech is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Chrono.Tech, from your own LinkedIn network

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Company Information

Company

Chrono.Tech

Location

Sydney, New South Wales, Australia

About

Founded in 2016, Chrono.Tech is Australia's oldest blockchain business that is engaged in building a suite of software solutions aimed at the HR and recruitment sector. The company is currently developing LaborX — its flagship product that acts as a contract-powered freelancer platform enabling anyone around the world to interact on a peer-to-peer basis and receive payments in cryptocurrencies. LaborX has seen its user base grow by over 42,000 freelancers and almost 5,000 customers in light of surging demand for digital currency markets. Chrono.Tech's product lineup also includes TimeX — a secure digital asset trading platform that has already managed to gain a foothold in the top 100 exchanges by trading volume. The company is also engaged in decentralized gaming, promoting the Crypto Gaming United (CGU) product based on the newfangled Play-to-Earn model. Co-founded by Mark Carnegie, CGU raised over $17 million in October of last year. All products within the Chrono ecosystem are powered by the internal TIME token, which gives users access to premium services and can be staked using the TimeWarp application. 2021 saw a 200-time price increase of the TIME token. For more information, please, visit chrono.tech. Medium: https://medium.com/@Chrono.tech Twitter: https://twitter.com/chronotechnews Telegram: https://t.me/chronotech SOURCE Chrono.Tech

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Chrono.Tech 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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