The latest round brings Gelato’s total funding to $23 million as it aims to expand its smart-contract automation platform.
Gelato, a network focused on smart contract automation, has raised $11 million in a Series A+ funding round led by Hack VC, with Kraken’s anticipated blockchain, Ink, joining as a customer.
The additional funding will allow Gelato to expand its platform, enabling startups and enterprises to launch their own blockchain-based applications.
This latest round involves noteworthy investor groups, including Animoca Brands, IOSG Ventures and Bloccelerate VC — bringing Gelato’s total funding to $23 million.
