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Porsche Backs Blockchain Platform Gapless In $5.9M Funding Round

Roland James

Summary: Porsche, the world famous car manufacturer, participated in a $5.9 million funding round for German startup Gapless. The firm, which developed a blockchain-based vehicle management system, received funding from FinLab EOS VC Fund, a joint venture between Block.one and FinLab, and insurance entrepreneur Kersten Jodexnis, according to a report from Tech.eu on April 29. Gapless ...

Porsche, the world famous car manufacturer, participated in a $5.9 million funding round for German startup Gapless.

The firm, which developed a blockchain-based vehicle management system, received funding from FinLab EOS VC Fund, a joint venture between Block.one and FinLab, and insurance entrepreneur Kersten Jodexnis, according to a report from Tech.eu on April 29.

Gapless will use the funds it raised to further develop its key product, an application designed to let users record a complete history of vehicles, as well as increase its user base.

By Roland James

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Link: Porsche Backs Blockchain Platform Gapless In $5.9M Funding Round   [Copy]
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