Forkast, a Hong Kong-based blockchain-focused multimedia platform, raised $1.7M in seed funding.
The round was led by AMTD Group, Fenbushi Capital, Alibaba Hong Kong Entrepreneurs Fund, Animoca Brands, Longling Capital, CMCC Global and Sora Ventures, as well as Don Tapscott and Loma Ventures.
The company intends to use the funds to enhance its digital story-telling capabilities led by video, expand its current team, and invest in innovative content creation technologies that deepen engagement with a global audience.
Founded in 2018 by Angie Lau, CEO and editor-in-chief, a former Bloomberg anchor, and Sarah Chang, a former McKinsey & Company consultant and startup veteran, Forkast.News is a digital media platform covering all things blockchain and emerging technology at the intersection of business, economy, and finance — from Asia, to the world. Forkast.News has partnered with organizations like OECD, World Economic Forum, IBM, EY, and more.