Chat with us, powered by LiveChat
  • About
  • Terms of Use
  • Privacy & Policy
  • Cookie policy
  • “[email protected]”.
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • topics
    • All
    • AI
    • AR/VR
    • Biotech
    • Blockchain
    • Cars / autonomous vehicles
    • Cloud infrastructure
    • Cryptocurrency
    • Data services
    • E-commerce
    • Education
    • Entertainment & sports
    • Security
    Skydio valuation keeps the American drone dream soaring 

    Skydio valuation keeps the American drone dream soaring 

    Riiid Labs appoints Marten Roorda, former CEO of testing organization ACT as Executive in Residence

    Riiid Labs appoints Marten Roorda, former CEO of testing organization ACT as Executive in Residence

    FirmaChain DTT Alliance

    Blockchain-based e-contract startup FirmaChain announces partnership with ‘DTT Alliance’

    Looxid Labs to Unveil Cognitive Care Solution ‘LUCY’ at Facebook Accelerator Seoul Demo Day

    Looxid Labs to Unveil Cognitive Care Solution ‘LUCY’ at Facebook Accelerator Seoul Demo Day

    Trending Tags

      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Consumer health & fitness
      • Consumer products
      • Cryptocurrency
      • Data services
      • Developer tools
      • Distributed workforce
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Fashion
      • Fintech
      • Food and beverage
      • Games
      • Gaming/eSports
      • Govtech
      • Hardware
      • Health & hospital services
      • Health IT
      • Human capital
      • Impact
      • Insurance
      • IoT
      • Local commerce
      • Lodging/hospitality
      • Logistics
      • Manufacturing
      • Marketing automation
      • Marketplaces
      • Material science
      • Media/content
      • Medical devices
      • Messaging
      • Network infrastructure
      • Parenting/families
      • Payments
      • Pharmaceuticals
      • Real estate/proptech
      • Retail
      • Robotics
      • SaaS
      • Sales and CRM
      • Security
      • SMB software
      • Social commerce
      • Social mobile
      • Space
      • Gaming/eSports
      • Travel
      • Games
    • Interview
    • Venture Capital
    No Result
    View All Result
    • Home
    • topics
      • All
      • AI
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Cloud infrastructure
      • Cryptocurrency
      • Data services
      • E-commerce
      • Education
      • Entertainment & sports
      • Security
      Skydio valuation keeps the American drone dream soaring 

      Skydio valuation keeps the American drone dream soaring 

      Riiid Labs appoints Marten Roorda, former CEO of testing organization ACT as Executive in Residence

      Riiid Labs appoints Marten Roorda, former CEO of testing organization ACT as Executive in Residence

      FirmaChain DTT Alliance

      Blockchain-based e-contract startup FirmaChain announces partnership with ‘DTT Alliance’

      Looxid Labs to Unveil Cognitive Care Solution ‘LUCY’ at Facebook Accelerator Seoul Demo Day

      Looxid Labs to Unveil Cognitive Care Solution ‘LUCY’ at Facebook Accelerator Seoul Demo Day

      Trending Tags

        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital
      No Result
      View All Result
      US TechTimes
      No Result
      View All Result
      Home topics Blockchain

      GrainChain Secures $5m from Blockchain-Focused Medici Ventures

       409 total views,  1 views today

      USTechTimes Editor by USTechTimes Editor
      March 11, 2020
      GrainChain
      Share on FacebookShare on Twitter

      Overstock.com’s blockchain accelerator, Medici Ventures, has invested $5 million in agriculture commodity blockchain startup GrainChain.

      The latest round brings the Texas-based GrainChain’s total funding to $10.7 million. Medici Ventures previously invested $2.5 million in the blockchain firm for a 10-per cent equity.

      Founded in 2013, GrainChain’s platform aims to provide faster payments and the immediate availability of tradeable commodities between buyers and farmers.

      The blockchain helps reduce fraud and corruption by providing a way to track and certify deals. It also has the added benefit of streamlining and modernizing transactional procedures in the commodities supply chain.

      GrainChain co-founder and CEO Luis Macias said the new funding would be used for product development and expansion to meet market demands in more countries.

      The company has been focusing on the Honduran coffee industry, attempting to link up its disjointed components through blockchain technology.

      It recently signed deals throughout the supply chain from farmer to exporter to mitigate risks, confusion, and profit-draining inefficiency. The company also links farmers with banks and hopes to launch banking in rural coffee-producing areas.

      “GrainChain’s work in reducing the time and spoilage associated with agricultural transactions, while also driving down frictional costs for both farmers and buyers is a shining example of Medici Ventures’ mission to democratize capital, eliminate middlemen, and re-humanize commerce through the use of blockchain technology,” said Jonathan Johnson, Overstock CEO and Medici Ventures President.

      Founded in 2014, Medici aims to accelerate the adoption of blockchain-driven technologies to change the way that transactions occur.

      The firm’s keiretsu (a Japanese term referring to a set of companies with interlocking business relationships and shareholdings) of companies have introduced blockchain in a variety of markets, including land governance, money and banking, capital markets, supply chain, and voting.

      Last month, Aussie blockchain firm AgriChain raised A$6 million ($4 million) from Cornerstone Growth Capital. The company has developed a blockchain supply chain management platform for agricultural products. It aims to connect growers, brokers, and logistics partners on a single platform.

      Also, New York City-based Bison Trails, a technology company that provides secure, enterprise-grade infrastructure for multiple blockchain networks, announced that it has raised $25.5 million in its Series A funding round led by Blockchain Capital.

      What’s your thoughts?
      +1
      0
      Upvote
      +1
      0
      Clap
      +1
      0
      Clap
      +1
      0
      On fire
      +1
      0
      Meh
      +1
      0
      Clap
      +1
      0
      Facebook Twitter Email

      Related Posts

      • Bison Trails
        Blockchain Infrastructure Provider Bison Trails Bags $25.5m in Series A

        New York City-based Bison Trails, a technology company that provides secure, enterprise-grade infrastructure for multiple…

      • OneDine
        Restaurant Tech OneDine Grabs $5m in Funding

        Dallas-area startup OneDine has secured a new round of investment of US$5 million to handle…

      • Bolt Bikes
        Electric Bike Delivery Startup Bolt Raises $2.5m

        Bolt, a San Francisco-based electric bike delivery company, announced that it has raised US$2.5 million…

      Tags: BlockchainGrainChainSupply Chain
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      Related Posts

      FirmaChain DTT Alliance
      Blockchain

      Blockchain-based e-contract startup FirmaChain announces partnership with ‘DTT Alliance’

      December 7, 2020
      Lightspeed Venture Partners
      Venture Capital

      Silicon Valley VC Lightspeed Venture Raises $4.22bn For Three Funds

      April 16, 2020
      Cohesity
      Software

      Amid Global Pandemic, Data Management Firm Cohesity Raises $250m

      April 13, 2020
      Rancher Labs
      Venture Capital

      Telstra Ventures Leads $40m Series D in Rancher Labs

      March 17, 2020
      Kaleidoscope Group
      Venture Capital

      Software Platform Developer Kaleidoscope Group Secures $3m

      March 12, 2020
      Sounder
      Venture Capital

      Podcast Management Platform Sounder Secures $1.8m Seed Funding

      March 12, 2020

      FREE NEWSLETTER

       

      TRENDING POSTS

      • Skydio valuation keeps the American drone dream soaring 

         159 total views,  1 views today

      • India’s Reliance Industries acquires additional stake in NASA incubated skyTran

         138 total views

      • Facebook Launches BARS – an App for the Rappers

         98 total views

      USTechTimes – Leading Startup and Technology News in the United States

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      More from our network


      • ktd

      • atd

      • itd

      • ktt

      • kgd

      • kpp

      • ktp

      • kpoppost

      • ustechtimes

      Categories

      • Animation
      • Apple
      • Applications
      • Artificial Intelligence
      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Audio

      Tags

      South Korea Education Technology Edtech Software Startup Artificial Intelligence Cloud education Robotics AI
      • About
      • Terms of Use
      • Privacy & Policy
      • Cookie policy
      • “press@ustechtimes.com”.

      © 2019 ustechtimes.com

      No Result
      View All Result
      • Home
      • topics
        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital

      © 2019 ustechtimes.com