BigchainDB, a Berlin, Germany-based blockchain database provider for developers and enterprise, raised a €3m Series A funding.
Backers included Earlybird Venture Capital, Anthemis Group, Digital Currency Group and innogy SE.
The company intends to use the funds to continue bring its blockchain technology to market.
Led by Bruce Pon, CEO, BigchainDB provides a scalable blockchain database that allows developers and enterprise to deploy blockchain proof-of-concepts, platforms and applications with high throughput, sub-second latency and functionality to automate business processes.
The solution is currently supporting proof-of-concepts for enterprise use cases in financial services, supply chain, energy, IoT and intellectual property.