Everledger secures $20m series-A

The round was led by Tencent Holdings, a large Chinese internet service. Graphene Ventures, Bloomberg Beta, Rakuten, Fidelity and Vickers Venture Partners also took part. According to Crunchbase, Everledger has raised $30.4m to date.

Tencent will join the company's board as part of the deal.

Previous funding
In March 2018, Fidelity and GMP Securities invested $8.3m in a $10.4m funding round for the company. Vickers and Graphene also took part in the round, joining existing investors FPV, Fenbushi, Bloomberg Beta and Rakuten.

Company
Everledger was founded in 2015 and is headquartered in London. The firm uses technologies including blockchain and machine vision to track the provenance of high-value assets on a global digital ledger.

People
Everledger – Leanne Kemp (founder, CEO).

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• Topics
• UK / Ireland
• Expansion
• Technology
• Venture
• United Kingdom