SettleMint, the blockchain application development platform for private and public sector raised $16 million in Series A from UK-based Molten Ventures where new investors including co-lead investor OTB Ventures, Fujitsu Ventures, Allusion and Bloccelerate along with existing investor Medici Ventures, L.P also participated.
SettleMint has established itself as the category defining platform for enterprise blockchain application development and is trusted by leading banks, financial services providers, global retailers, manufacturers, and public sector innovators. Gartner has named SettleMint a ‘Cool Vendor’ and included it in the Gartner Blockchain Hypecycle for the past two years in a row.