GeoDB to raise €1.6 million via Seedrs

Spain United Kingdom Investments 03 July 2020
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GeoDB, a Madrid, Spain-based blockchain company, announced securing a capital raise of €1.6 million ($1.9M).

The funding was raised via an equity crowdfunding campaign via Seedrs.

GeoDB, founded in 2018 and led by CEO Luis Gelado, aims to develop a peer-to-peer data sharing ecosystem powered by blockchain technologies that have the mission to democratize the $200 billion big data industry.