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Developer Web3 Platform SettleMint raised Series A round of $16M

The shifting sentiment is what drove SettleMint’s most recent fundraising close, an oversubscribed €16 million Series A round co-led by London-based venture capital firm Molten Ventures, an investor in UiPath and Revolut, as well as Europe-focused OTB Ventures. SettleMint is still working with Fujitsu on its go-to-market strategy, but there’s some indication of how its low-code solution can appeal to Japan. That a gap that SettleMint is trying to close with its low-code platform for blockchain engineers. One of SettleMint’s customers is a university in Indonesia that created a parallel blockchain-based voting system for the country’s 2019 election to ensure fair results.