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DGAP-News: Advanced Blockchain AG: Peaq Technology has successfully closed its pre-series A round

Friday, October 16, 2020 - 1:08pm

Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) is excited to announce that its blockchain-based spin-off, peaq Technology GmbH ( peaq.io ), has successfully closed its pre-series A which closed with a financing amount of around EUR 750,000.

Key Points: 
  • Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) is excited to announce that its blockchain-based spin-off, peaq Technology GmbH ( peaq.io ), has successfully closed its pre-series A which closed with a financing amount of around EUR 750,000.
  • Peaq is an Advanced Blockchain AG spin-out that is dedicated towards building, offering, and expanding upon a base layer blockchain technology.
  • Peaq offers this blockchain platform infrastructure to companies seeking to build innovative and advanced blockchain products.
  • Further information on Advanced Blockchain AG, peaq, and its other investments and projects is available on its website, www.advancedblockchain.com .