Bloccelerate Vc

– ZenLedger is a cryptocurrency tax software and blockchain analytics startup.
– Company raised $6m in Series A funding.
– The round was led by Bloccelerate VC with participation from Mark Cuban’s Radical Ventures, G1 VC, Borderless Capital, 4RC, Centrality, BIGG Digital Assets, CoinGecko, Accelerator Ventures, angel investors Jon Staenberg and Darren Lau, as well as previous investors Vestigo Ventures, Castle Island Ventures, Migration Capital, Blackwater Capital, and Karl Muth.
– The company intends to use the funds to release its cryptocurrency portfolio management solution, to grow its team through new hires in marketing, enterprise sales, customer service, and software engineering, to further advance the product and customer experience.

– CoreChain Technologies announced it has raised $1.25m in pre-seed funding from investors that include Ulu Ventures, Connecticut Innovations, Bloccelerate VC and New Form Capital.
– The funding will be used to accelerate enterprise customer adoption and aggressively expand its payments and financing network.
– CoreChain is streamlining the manual processes and painful reconciliation that has remained static for decades, while mitigating fraud.
– CoreChain also unlocks lending opportunities to finance the working capital being held in unpaid invoices that age towards settlement due dates, frequently 30 to 120 days in arrears.
– CoreChain was launched in September 2020 and has processed over $300m in B2B payments for enterprise buyers, including transactions for channel customers, such as PaymentWorks.