Consensus Lab & Spark Capital Invest in Pledgecamp

After a successful IEO on OKEx this August, we come back with some exciting news for September. Venture Capital firms Consensus Lab and Spark Capital have invested in Pledgecamp. Their involvement comes after we launched a strategic investment round this past week, with the aim to increase our presence in the global market. #MoonMonday

Benefits

In addition to the initial capital invested by both firms, Pledgecamp will establish a reputation and core following under their wing. These relationships will position Pledgecamp to excel in the fintech space with the added mentorship. Not to mention both firms have worked extensively in the blockchain space with countless other companies (more on this below).

Resources

On top of the initial investments, we also aim to collaborate on the following resources with both firms:

• Marketing assistance in Asia
• Exchange listing help
• Co-opportunities with each fund’s current portfolio (Business Development)
• Advisory on next steps in our roadmap

Market Position

Although fairly self explanatory, partnering with incredible firms like Consensus Lab and Spark Capital help us establish long-term strategies. For both investors and current users this should indicate our serious focus to bring this project through the following milestones. Often times projects in the blockchain and cryptocurreny space aim to stop at short-term goals which focus exclusively on token price. In contrasts, we want to push towards building an awesome product that people love using for the foreseeable future.

About the Funds

Consensus Lab is an institutional investor engaged in the research, investment and incubation integration of the blockchain field, jointly established by Fred Wang and a number of blockchain veterans. Adhering to professional thinking of technology and finance, and taking it as mission to facilitate growth and value realization of projects, Consensus Lab focuses on blockchain technology, influential applications and internationally capable teams to serve and support blockchain practitioners. Since its founding in April 2018, we have invested in more than 40 inspiring blockchain projects including Quark, Bumo, Celer, Certik, Biforex and Coinsuper.