Sentences with phrase «kalon venture partners»
The company received financial support from several investors including, Kalon Venture Partners, Network Society Ventures (New York City), and three of the world's leading startup accelerators BoostVC (San Francisco Bay Area), Powerhouse (Oakland, California) and TechStars (Boulder, Colorado).
http://bitcoinafrica.io/
In an interview with Ventureburn, Clive Butkow, CEO of Kalon Venture Partners did not want to reveal the amount Kalon had invested, said, «It is an equity stake, but unfortunately we have been asked not to pass it on to the press.»
According to Butkow, the deal had been finalised two months prior to the announcement but had only been concluded in the third week of October following an approval from the Reserve Bank that gave Kalon Venture Partners the go - ahead to invest in The Sun Exchange.
The news was revealed this afternoon in a press release to Ventureburn by SA Venture Capital Company, Kalon Venture Partners.
Being a Section 12J Venture Capital Company, Kalon Venture Partners needed to seek approval from the Reserve Bank to invest in the blockchain company which is domiciled in Delaware in the US.
In addition to Kalon Venture Partners other investors include: Network Society Ventures (New York City) and three of the world's leading technology accelerators, BoostVC (San Francisco Bay Area), TechStars (Boulder, Colorado) and Powerhouse (Oakland, California).