Vanbex Group Raises C$500k in First Seed Funding Round

The Vanbex Group, a Vancouver, Canada-based developer of blockchain-powered products, closed a C$500,000 (US$365,474) seed round of financing.

Boris Mann and Adrian Jonklaas, co-founders of Vancouver-based Frontier Foundry Corp., are among Vanbex’s backers.

The company will use the proceeds to accelerate development of its Etherparty platform

Led by chief executive officer Kevin Hobbs, and new appointed executive chairman, Derek Spratt, chief financial officer Steven Lee, and senior blockchain developer Brian Onn, Vanbex develops blockchain-based products, including Etherparty, a smart contract creator that will allow users with zero knowledge of smart contract programming to create a self-executing digital agreement for all types of transactions.



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