Announced
Completed
Synopsis
N49P, a private equity fund, led a funding round in Trust Chain Global, an end-to-end transaction platform for large-scale commodities, with participation from Entrepreneur First. Financial terms were not disclosed. “Trust Chain is improving a massive industry, commodity brokerage, by providing them with tools that enhance their current workflow while reducing risk and inefficiencies. Many deals are brokered via informal channels and a large percent fail to complete due to lack of transparency and verifiable information. Trust Chain is providing its customers with tools that validate information and significantly increase the chance of a deal being completed. We are excited to back founders that understand the market and already have a strong customer base,” Alex Norman, N49P Partner.
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