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As Private Seed Funds Dry Up, European Blockchain Firms Seek Public Backing

Published 07/31/2020, 05:07 AM
Updated 07/31/2020, 06:40 AM
As Private Seed Funds Dry Up, European Blockchain Firms Seek Public Backing

A Slovak blockchain startup serves as the chief example of pandemic venture capital developments in central and eastern Europe (CEE), in a new report from Reuters on July 31.

In the former Eastern bloc — where venture funding hit close to $1.6 billion in 2019 — uncertainty during the COVID-19 crisis has hit the start-up sector hard, particularly when it comes to early-stage deals.

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