VC Fund Investments
Loop Ventures leads $1.5 M in B2B blockchain startup Autify Network
Singapore- and Bangalore-based blockchain and supply chain management startup Autify Network has raised USD 1.5 million in its pre-seed round led by Loop Ventures. The company had earlier raised $400K through grants and seed funding from NEAR foundation, Filecoin Foundation and others. Founded in 2021 by Bangalore-based Nabarun Chakraborty, Autify Network develops a blockchain trust protocol for the global supply chain and retail industry. It claims to empower both brands and users with independently verifiable tamper-proof data.
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