DeFi Risk Assessor Sherlock Raises $1.5M in Pre-Seed Funding
The fundraising was led by IDEO CoLab Ventures, with participation from A.Capital Ventures, Scalar Capital and DeFi Alliance.
Circulor's platform uses blockchain and other technologies to help companies track the carbon output in their supply chains.
The money came from a "crowd loan" and included more than 8,500 contributors.
Funding will go towards IT and non IT-related expenses, including staff costs, marketing expenses and expansion into other markets.
Funding will go towards furthering innovation of its hardware products and expanding its enterprise capabilities.
The funding will go towards bolstering BSN's team as well as expanding the firm's global market for its platform.