Prosperity7 Ventures and Kenetic led a $30m Series A round in Red Date Technology.

Prosperity7 Ventures, a venture capital firm, and Kenetic, an investment firm, led a $30m Series A round in Red Date Technology, an architect behind the blockchain connectivity network. Additional investors included Bank Pictet and Bangkok Bank. "The Internet's Golden Age was only made possible when the cost of building websites was reduced to near zero. The BSN makes the cost of creating and running applications exceptionally low, with the added benefit of multi-frameworks and interoperability, and larger customer bases," Yifan He, Red Date CEO.