DGAP-News: Advanced Blockchain´s portfolio company peaq receives $6 million in further funding
Advanced Blockchain AG (Scale Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) announces that its portfolio company - the Web3 network peaq - recently raised USD 6 million from Fundamental Labs, HashKey, Delta VC, GSR, Cypher Capital and other notable VCs.
- Advanced Blockchain AG (Scale Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) announces that its portfolio company - the Web3 network peaq - recently raised USD 6 million from Fundamental Labs, HashKey, Delta VC, GSR, Cypher Capital and other notable VCs.
- The funding will support the continued expansion of the peaq network.
- Advanced Blockchain now holds about 6% of all tokens and still holds about 37% of Peaq Technology GmbH.
- The capital will be used to expand the development team and launch new products and features in the peaq ecosystem.