The main target of the blockchain technology is to bring transparency and reliability to several industries and to improve the way they work.
Withlocals, an Eindhoven, the Netherlands – based global marketplace for personalized travel experiences, raised €3.5m (USD$4.1m) in Series A funding.
InflaRx, a Jena and Munich, Germany-based biopharmaceutical company developing new therapeutics in the terminal complement space, raised $55M in Series D funding.
M33 Growth, a Boston, MA-based venture and growth-stage investment firm, closed its debut fund, at $180m.
Zype, a NYC-based cloud video distribution service for over-the-top (OTT), raised $4.9M in Series A funding.
Crosser Technologies, a Stockholm, Sweden-based provider of Intelligent Edge Computing software for industrial and enterprise IoT, raised €1.4m in seed funding.
GrowLife, Inc. (OTCQB:PHOT), a Kirkland, Wash.-based indoor cultivation service provider, secured additional funding from private investment firm Chicago Venture Partners.
Airtaskers, a Sydney, Australia-based community marketplace for people to outsource tasks, find local services or complete flexible jobs to earn money, raised $33m in funding.
onQ, an Atlanta, GA-based developer of a solution for interactive group communications and learning, closed a $7m of seed funding.
Visual Vocal, a Seattle, WA-based immersive productivity platform for team collaboration, raised $3.6m in seed funding.
Banking and the financial services sector as a whole is not the only industry that has been positively affected by the development of bitcoin technology.
Hyperloop One, the Los Angeles-based company that si building a full-scale Hyperloop system, received an investment from Virgin Group.
Power Ledger, a Perth, Western Australia-based blockchain-powered peer-to-peer renewable marketplace, closed their AUD$34m ICO.
Ben Narasin has joined global venture capital firm New Enterprise Associates as a Venture Partner.
Compeon, a Düsseldorf, Germany-based B2B fintech company, closed €12M Series B funding.