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Blockchain Project Tatum Attracts $41.5M in Latest Funding Round

ByLouis Adams

Oct 13, 2022 #Blockchain
Reading time: < 1 minute

Tatum, a blockchain application development platform, has raised $41.5 million in funding.

The round, which was led by Evolution Equity Partners, has also seen the participation of Octopus Ventures, 3VC, Tensor Ventures, Depo Ventures, Leadblock Fund, Circle, and the founders of Bitpanda.

Tatum reportedly has a workable product and has over 90,000 customers.

The press release reads:

ā€œBlockchain has become essential for the explosive growth and widespread innovation of digital finance and Web3. Tatum is the first company to directly address the complexity and technology expertise required and the long development times required for blockchain applications. We have revolutionized the creation of dapps by reducing development time from months or years to days.”

The team of investment application Zerion has previously raised $12.3 million, and the developer of blockchain games Horizon Blockchain Games has also raised $40 million.