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On March 30, it was reported that the blockchain startup Coadjute completed a £ 4 million financing, with Praetura Ventures leading the investment and Reech Corporations Group part

Introduction

On March 30, it was reported that the blockchain startup Coadjute completed a £ 4 million financing, with Praetura Ventures leading the investment and Reech Corporations Group participating. Financing is used to expand its network throughout the real estate market.

Blockchain startup Coadjute completed £ 4 million financing

The real estate market is becoming more digitalized each passing day, with many startups making use of blockchain technology to improve efficiency and transparency in the sector. One such blockchain startup making waves in the industry is Coadjute, which just announced the completion of a £4 million financing on March 30th. In this article, we will delve into the details of Coadjute’s recent funding round, the investors involved, and the company’s plans for expansion in the real estate market.

Overview of Coadjute

Coadjute is a UK-based blockchain startup that focuses on providing solutions for the property market. The company aims to improve transparency and efficiency in transactions within the property market through the use of blockchain technology. Coadjute’s platform connects all parties involved in a property transaction, providing access to real-time data to all parties involved.

The Funding Round

On March 30th, Coadjute announced that it had completed a £4 million financing round. The funding was led by Praetura Ventures, a UK-based venture capital firm, and Reech Corporations Group, a Luxembourg-based investment company, also participated in the funding round. The funds will be used to expand Coadjute’s network and offerings within the real estate market.

The Investors

Praetura Ventures, the lead investor in Coadjute’s recent financing, is a venture capital firm that invests in high-growth businesses based in the UK. The company has invested in other startups like Sorted, a delivery experience company, and B-North, a Manchester-based bank. Reech Corporations Group, on the other hand, is a Luxembourg-based investment firm with a diverse portfolio of investments in various sectors.

Coadjute’s Plans for Expansion

With the recent funding, Coadjute plans to expand its network within the real estate market by increasing its user base and further developing its technology. The company aims to create a more connected and efficient property market by providing a platform that links all parties involved in a property transaction. Coadjute’s platform will not only improve transparency but also reduce the time and cost involved in property transactions.

Conclusion

Coadjute’s recent funding round is a significant milestone for the company and the real estate market as a whole. With the investment from Praetura Ventures and Reech Corporations Group, Coadjute is well placed to expand its network and offerings within the real estate market. The company’s use of blockchain technology will create transparency and efficiency in property transactions, ultimately benefiting all parties involved.

FAQs

1. What is Coadjute?
Coadjute is a UK-based blockchain startup that provides solutions for the property market, aiming to improve transparency and efficiency in transactions within the sector.
2. Who led the recent funding round for Coadjute?
The recent funding round for Coadjute was led by Praetura Ventures, a UK-based venture capital firm with a focus on high-growth businesses.
3. How will Coadjute use the funding from the recent financing round?
Coadjute plans to use the funding to expand its network within the real estate market and further develop its technology to improve transparency and efficiency in property transactions.

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