XAnge, Kima in €7m series-A for Ledger
XAnge Private Equity and Kima Ventures have participated in a €7m round of series-A funding for Parisian blockchain and cryptocurrency startup Ledger.
The round was led by Maif Avenir and featured a total of 10 investors contributing to Ledger's second round of funding, bringing the total raised by the startup to €8.5m.
In addition to MAIF Avenir, XAnge and Kima Ventures, the investment saw participation from Wicklow Capital, GDTRE, Libertus Capital, Digital Currency Group, The Whittemore Collection, BHB Network and Nicolas Pinto.
With the fresh capital in hand, Ledger plans to launch its business-targeted cryptocurrency security services.
Company
Headquartered in Paris and with an office in San Francisco, Ledger is a cryptocurrency and blockchain security hardware provider.
The company produces hardware wallets for securing cryptocurrencies and digital identities.
People
XAnge Private Equity – Cyril Bertrand (managing partner).
Maif Avenir – Jean-Marc Willmann (deputy general director).
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