Block1 Secures Strategic Round Financing on July 17, 2018

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According to media reports, Block1 completed its Strategic round of financing on July 17, 2018. Investors in this round included Bitmain, Alan Howard, and Louis Bacon.Block1 was originally a blockchain software company focused on developing the EOS.IO protocol. The company has since transitioned into a blockchain investment firm, specializing in incubating, acquiring, and investing in technologies and enterprises that establish trust and enhance efficiency in transactions. Notably, Block1 has provided funding to over 140 innovative companies, with a portfolio featuring prominent projects such as Bullish, Voice.com, and Everipedia.The completion of this strategic financing round reflects investor confidence in Block1’s growth prospects within the blockchain sector. As a key player in the industry, Block1 is advancing technological innovation and ecosystem development through its investment strategy. With the continued maturation of blockchain technology, Block1 is positioned to play an increasingly significant role in driving industry progress.

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EOS fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
strategic----2018-07-16Bitmain,Alan Howard,Louis Bacon
fundraising-key-milestones
  • 2018-07-17
    Block1 completed a strategic financing
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