Deeptech/Blockchain/News/ Czech blockchain app developer Tatum raises $41.5m funding The platform, which allows companies to build their own blockchain apps, saw their round led by Evolution Equity Partners By Zosia Wanat 12 October 2022 \Deeptech Despite the NFT implosion, artists still believe By Éanna Kelly 29 November 2022 Deeptech/Blockchain/News/ Czech blockchain app developer Tatum raises $41.5m funding The platform, which allows companies to build their own blockchain apps, saw their round led by Evolution Equity Partners By Zosia Wanat 12 October 2022 Tatum, a Czech platform that helps companies build apps on the blockchain has raised $41.5m in a round led by Evolution Equity Partners, a US VC firm. It plans to use the investment to scale its product globally and gain more customers. What does Tatum do? Tatum, founded in 2017 in the Czech Republic and now headquartered in London and Miami, allows companies to build their own blockchain apps rather than outsourcing development to external (and pricey) developers. Its plan is based on the belief that lots of companies will want to have their own blockchain offering in the near future. Their platform provides infrastructure and a unified framework for over 40 blockchain protocols, allowing any developer to build blockchain apps regardless of experience. It hopes to eliminate common obstacles like running nodes and learning to code for individual blockchains, and provides a range of features that speed up app development. Tatum’s platform has been used by a range of industries, from game and film studios to car and motorcycle manufacturers and crypto wallet operators. Tatum says it already has 90k customers. Who’s investing in Tatum? Evolution Equity Partners, a US equity firm and the lead investor Octopus Ventures, a London-based VC firm (existing) 3VC, an Austrian VC firm (existing) Tensor Ventures, a Czech VC firm (existing) Depo Ventures, a Czech angel network and VC (existing) What’s next for Tatum? The company’s CEO and cofounder Jiri Kobelka says that Tatum’s product is ready, so all that’s left is for the company to scale up internationally: “We want to mainly be visible in the world and win the trust of new customers and thus a market share.” Zosia Wanat is Sifted’s central and eastern Europe reporter, based in Warsaw. She tweets from @zosiawanat Related Articles Europe’s VCs arrived late to the crypto party. Are they ready to rave? By Isabel Woodford Click here to read more Is Sorare a gambling game, and what would that mean for the company? By Tim Smith Click here to read more 13 European Web3 startups to watch By Sophie Zhang Click here to read more Crypto startup Elliptic to go big in Japan after $23m fundraising By Maija Palmer Click here to read more Most Read 1 \Startup Life UK government to reform ‘equity for visas’ residency application system 2 \Fintech Is Revolut really worth $33bn right now? 3 \Startup Life Techstars unexpectedly pulls out of Sweden mid-programme 4 \Deeptech The other funding gap: it’s not just unicorns that are leaving Europe 5 \Deeptech ‘There’s going to be a bloodbath’ — is generative AI a bubble?