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Blockchain platform SettleMint raised $16 million in Series A from UK-based Molten Ventures

SettleMint, a blockchain application development platform for the private and public sectors, raised $16 million in Series A funding from UK-based Molten Ventures, which also included participation from Medici Ventures, L.P. and other existing investors as well as co-lead investors OTB Ventures, Fujitsu Ventures, Allusion, and Bloccelerate.

Leading banks, financial services companies, international retailers, manufacturers, and public sector innovators trust SettleMint as the category-defining platform for developing business blockchain applications. For the past two years in a row, SettleMint has been recognised by Gartner as a “Cool Vendor” and listed in the Gartner Blockchain Hypecycle.

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