Portfolio
2
companies
BCB Group
BCB Group delivers banking and payment services for the digital asset economy.
Flexciton
Flexciton develops optimisation technology that improves the efficiency and productivity of semiconductor manufacturing processes.
Alex Brunicki
co-founder and partner
The round was co-led by Foundation Capital and BACKED VC to support international expansion and strategic acquisitions.
"Our mission is to connect and bank the global crypto industry. This game-changing financing backed by both venture capital and strategic client interests, empowers us to accelerate that mission and build bigger, better, deeper infrastructure which is so critical to the growth of this industry."
The Series A round was led by Saras Capital with participation from BACKED, Chalfen Ventures, and Entrepreneur First, and will fund team expansion.
"Automation is already used by many semiconductor manufacturers. However, even in advanced fabs where scheduling itself is automated, the software used to make these decisions tends to be based on predefined rules programmed by humans and determined by historical data. Yes, it can calculate different options far quicker than a human operator could, but the options are still ‘best guesses’ rather than optimal outcomes."
