Startups  August 6, 2021

Intellabridge raises $10M CAD

BOULDER — Blockchain company Intellabridge raised $10 million CAD in an equity and options funding round, according to documents filed with the Securities and Exchange Commission. The warrants sold during the round allow investors to purchase another $10 million CAD in equity over the next three years.

Formerly known as Cryptanite Blockchain Technologies Corp., Intellabridge is attempting to create decentralized banking services — such as checking and savings accounts and investing — on the blockchain.

Editor’s note: An earlier version of this story misidentified the amount and currency of the offering.

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BOULDER — Blockchain company Intellabridge raised $10 million CAD in an equity and options funding round, according to documents filed with the Securities and Exchange Commission. The warrants sold during the round allow investors to purchase another $10 million CAD in equity over the next three years.

Formerly known as Cryptanite Blockchain Technologies Corp., Intellabridge is attempting to create decentralized banking services — such as checking and savings accounts and investing — on the blockchain.

Editor’s note: An earlier version of this story misidentified the amount and currency of the offering.

© 2021 BizWest Media LLC

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